Gold Dips $5,000, Silver Tumbles 2%: Is This a Buying Opportunity?

• Spot gold fell to $5,080 per ounce, while spot silver dropped 2% to $82.2 per ounce on Thursday (February 12, 2026) in the Asian market.
• Strong US employment data suggests the Federal Reserve may not cut interest rates soon, pressuring precious metals.
• Gold is 10.4% below its record high of $5,608.35, and silver is 48% below its all-time high of $121.67.
• Global banks like BNP Paribas, Deutsche Bank, and Goldman Sachs remain positive on gold, with some predicting it could reach $6,000.
• Experts advise long-term investors to hold, while short-term traders should be cautious due to volatility; $5,000 for gold and $65-$70 for silver are strong support levels.