Gold ▼ -1.12% to $5169.40 — Daily Market Summary, February 23, 2026
Gold plunged just over 1% amid a sharper-than-expected decline in US equities and a notable 12 basis point drop in the 10-Year Treasury yield to 3.85%, which lowered gold’s opportunity cost. Elevated GLD volume indicates strong institutional participation despite the price selloff, while silver also declined by 1.1% in contagion to equity stress. The dollar remained stable, with market attention turning to upcoming economic data and yield direction.