Author name: GoldInvesting.net Editorial Team

Gold posted a sharp 0.64% gain supported by a 6.5 bps drop in 10-Year yields to 4.21%, while silver crashed 5.75% reflecting contagion risks. Nasdaq’s 1% drop and subdued GLD volume highlight cautious institutional engagement amid increased cross-asset volatility.

Gold held steady with a minor 0.1% decline amid firm US 10-Year yields at 4.28% and a 0.22% rise in the US dollar, creating headwinds for the metal. Equities fell sharply — Nasdaq down 1.5% — while silver surged 4.61%, underscoring sector-specific rotations. Subdued GLD volume points to muted institutional engagement as gold consolidates, awaiting new catalysts.

Gold surged over 2% in a sharp risk-off move as the S&P 500 dropped nearly 1% and Nasdaq fell more than 1%, pressured by tech sector weakness. The 10-Year yield held steady near 4.0% with a modest decline that softened gold’s opportunity cost, while DXY weakness supported gold demand. GLD saw subdued but stable institutional flows amid elevated market uncertainty.