Gold ▲ 2.55% to $4521.30 — Daily Market Summary, March 28, 2026
Gold experienced a sharp 2.55% surge amid a Nasdaq plunge of 2.15% and significant Microsoft declines, driven by tech margin call pressure and risk-off contagion. Despite a high 10-Year yield at 4.44%, stable institutional flows into GLD supported gold, even as silver crashed, elevating systemic risk fears. This crisis phase underscores a fragile cross-asset environment dominated by forced selling and safe-haven demand.