Story perspectives
January CPI Could Shift Precious Metal Futures Landscape
2/12/2026
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Story summary
- On February 12, 2026, Peter Cardillo of Spartan Capital Securities says the upcoming January CPI report will be crucial for precious metal futures.
- Gold futures are stable near $5,100 per troy ounce.
- Silver futures fell 1.4% to just under $83 per ounce.
- The January jobs report showed higher-than-expected job growth, leading traders to expect the Federal Reserve may delay its next interest rate cut.
