Gold price today, Feb. 18 -- Precious metals regained momentum in Wednesday's trade, as investors awaited the release of the minutes from the Federal Reserve's most recent policy meeting, the US Core PCE number, and speeches by several Fed officials to gauge clues on US monetary policy.

After falling to a weak low in the previous trading session, the April futures contract on Comex rebounded $84 per troy ounce to a day's high of $4,989 but remained below $5,000.

Overnight, gold prices fell nearly 3%, weighed down by a strong US dollar and easing geopolitical tensions.

The US Federal Reserve meeting minutes are due later today, while the Personal Consumption Expenditures (PCE) data, the Fed's preferred inflation metric for December, is ...