Gold ▲ 1.03% to $5247.90 — Daily Market Summary, February 28, 2026
Gold advanced 1.0% supported by a 5.5 basis point drop in the 10-year yield to a moderate level, reducing opportunity cost and underpinning demand despite a slight DXY uptick. Tech vulnerabilities illustrated by Microsoft’s 2.24% plunge pressured equities, reinforcing gold’s safe-haven appeal amid stable institutional flows in GLD. The market is positioned for yield and equity volatility to dictate near-term gold trajectories.