Gold ▼ -2.63% to $4561.90 — Daily Market Summary, May 17, 2026
Gold crashed 2.63% amid a US 10-Year yield surge to 4.59%, sharply increasing gold’s opportunity cost. The dollar remained stable, while tech and broad equities fell, signaling risk-off and margin pressures. Elevated GLD volume highlights active institutional flow despite the gold plunge.




