Gold rate today, Feb. 13 -- Gold prices have entered a range-bound terrain after a stupendous start to the year, as tailwinds that supported the rally started to fade. The yellow metal broke below the crucial $5,000 mark on Thursday night and continues to remain so despite a 1% rebound today, February 12.

The fresh bout of selling in the gold prices was seen amid dimming expectations of the US Federal rate cut following the US jobs data. But bullish brokerage targets have raised expectations of gold gradually moving to the $6,000 mark.

The climb is unlikely to be one-way. Gold prices, which rose 70% in 2025 alone, need to rise at least 21% to achieve this feat from the current levels of $4950.

"Such a move usually only occurs in crisis...