Gold ▼ -0.28% to $4548.90 — Daily Market Summary, May 18, 2026
Gold experienced a sharp move downward of just under 1%, pressured by a US 10-Year yield rising above 4.10% and a near 1% rally in the US dollar. Silver crashed over 3%, signaling contagion risks, while Microsoft’s decline intensified Nasdaq margin stress. GLD ETF saw elevated institutional participation, reflecting active repositioning despite gold’s modest drop.