Mumbai, Feb. 19 -- Gold futures climbed above $5,000 per ounce on Thursday, extending a strong rebound of over $100 from the previous session as investors focused on upcoming US PCE inflation and GDP data for cues on Federal Reserve policy. The dollar index eased slightly to 97.5 after a prior-session surge, while Fed minutes from January revealed a split among officials-some favored pausing rate cuts for now, others supported maintaining a two-sided outlook that could allow future hikes or easing. In domestic markets, MCX April 2026 gold futures gained over Rs.1,000 to Rs.156,935 per 10 grams, recovering sharply from this year's low of Rs.137,000.
Published by HT Digital Content Services with permission from Capital Market....