XAUUSD continues to rise: why the Fed will not be able to weaken gold in March
Employment growth and positive US economic data failed to provide sufficient support to the USD, while XAUUSD quotes continue to rise and are testing the 5,070 USD level. Discover more in our analysis for 12 February 2026.
XAUUSD forecast: key takeaways
US initial jobless claims: previously at 231 thousand, projected at 222 thousand
Change in US Nonfarm Payrolls: previously at 48 thousand, currently at 130 thousand
XAUUSD forecast for 12 February 2026: 5,280
Fundamental analysis
Today’s XAUUSD forecast indicates that gold prices continue their upward trajectory, trading near 5,070 USD per ounce.
US initial jobless claims reflect the number of people who filed for unemployment benefits for the first time during the previous week. This indicator measures the labour market climate, with an increase in initial jobless claims indicating rising unemployment.
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