Gold ▼ -0.47% to $4622.70 — Daily Market Summary, May 4, 2026
Gold staged a sharp consolidation, declining 0.47% as the 10-year Treasury yield held firm at 4.38%, maintaining a high opportunity cost. The dollar softened slightly by 0.12%, but subdued GLD ETF flows reflected balanced institutional positioning. Equities advanced modestly, reinforcing a risk-on tone that limits gold’s near-term upside.




