[MARKET ANALYSIS] Spot gold rebounds, whilst copper bids higher on global risk sentiment
- In the metal space, spot gold and silver made gradual strides higher during the APAC session. XAU trades above the USD 4,900/oz within a USD 4869.95-4961.4/oz range, whilst XAG trades just above USD 75/oz within the 72.2305-57.783 range. Newsflow has been light for precious metals thus far in the European session
- Copper prices are also rebounding, nursing prior day losses and in tandem with the improving risk tone. 3LME copper trades in the upper end range of USD 12.649-12.731.2k/t. Reminder that China, the largest market for copper remains closed due to the Chinese new year’s.
18 Feb 2026 - 10:10- MetalsMarket Update- Source: Newsquawk
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