Gold ▼ -1.74% to $4403.30 — Daily Market Summary, May 28, 2026
Gold plunged 1.74% amid a 0.32% surge in the US dollar index and a steady 10-Year yield near 4.48%, increasing gold’s opportunity cost. Stable institutional volume in GLD suggests measured positioning as cross-asset pressures converge. The market awaits critical shifts in yields, dollar strength, and ETF flows to signal the next phase.