Gold ▼ -0.64% to $4787.40 — Daily Market Summary, April 12, 2026
Gold experienced a significant downtrend today with a 0.64% decline, pressured by the 10-year Treasury yield rising to 4.32%, which increased gold’s opportunity cost. The U.S. dollar remained steady while equities, including Microsoft, showed tepid weakness. GLD saw subdued trading, pointing to stable institutional positioning amid cautious market dynamics.