Gold rate today, Feb. 11 -- From a new record-high to a sudden crash - gold prices have witnessed a rollercoaster ride in the last two weeks. The safe-haven asset has been facing high volatility amid a tussle between the bulls and bears.

Even as the yellow metal faces a short-term pullback, market experts believe the long-term trend is intact for gold.

"These swings will stop shortly, and the yellow metal will return to its long-term growth trend. In the end, what we are seeing in the market now is a normal pullback of 5-10%, a typical pause before a new jump. The economy is not perfect, but the production signals demand for most of the metals," said Alex Tsepaev, Chief Strategy Officer of B2PRIME Group.

On Wednesday, spot gold prices ...