Gold ▼ -2.29% to $4677.80 — Daily Market Summary, April 12, 2026
Gold plunged 2.29% amid a hawkish surge in the US 10-year yield to 4.32% and a firm US Dollar Index gain of nearly 0.5%, amplifying gold’s opportunity cost. Silver’s sharper drop and the tech sector selloff, marked by a collapse in MSFT shares, point to contagion pressures affecting risk assets. GLD ETF volume remained stable, reflecting non-speculative institutional flow during this crisis environment.