Gold ▼ -0.68% to $4139.00 — Daily Market Summary, July 7, 2026
Gold plunged 0.68% on elevated 10-Year yields at 4.48%, as risk appetite surged with Nasdaq rising 1.12% and silver crashing 1.40%, underscoring cross-asset contagion and hawkish backdrop. GLD ETF reflected stable institutional engagement amid this crisis-driven rotation from safe havens to equities.