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Gold futures finish sharply higher amid weak dollar, fall in bond yield

10 Feb 2026 Evaluate
Gold futures finished sharply higher on Monday, whetted by the softer dollar and on dip in bond yield. Additionally, increased safe haven appeal amidst persistent geopolitical risks, including tensions between the US and Iran also fuelled the yellow metal rates. Meanwhile, the Federal Reserve’s upcoming rate decisions hinge on a fresh batch of pivotal US economic reports, left investors in a state of high-stakes anticipation. The US non-farm payrolls report is due on Wednesday and inflation figures is scheduled for Friday. 

Gold futures for April delivery soared by $99.60 or 2% to settle at $5,079.40 an ounce on the Comex division of the New York Mercantile. While, spot gold down by $24.25 or 0.48% to $ 5,033.55 an ounce.