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Gold futures finish sharply lower as dollar, bonds firm

18 Feb 2026 Evaluate
Gold futures finished sharply lower on Tuesday, with the firmness in dollar and bond yield notes. Additionally, progress in US–Iran talks and ongoing negotiations between Russia and Ukraine also dulled safe haven appeal of the bullion.

Gold futures for April delivery plunged by $140.40 or 2.78% to settle at $4,905.90 an ounce on the Comex division of the New York Mercantile. While, spot gold up by $55.15 or 1.13% to $4,933.04 an ounce.

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