Gold ▲ 1.58% to $5158.70 — Daily Market Summary, March 8, 2026
Gold surged 1.58% amid a sharp 1.59% Nasdaq plunge and 1.33% S&P 500 decline triggered by tech sector margin pressures. The US 10-Year yield held elevated at 4.13%, down slightly, while the DXY slipped 0.13%, providing technical support. Stable GLD institutional activity confirms measured safe-haven accumulation during this risk-off episode.