Gold ▲ 0.79% to $5148.56 — Daily Market Summary, February 23, 2026
Gold posted a sharp 0.79% gain today, supported by a 0.34% drop in the dollar and stable GLD institutional activity despite high US 10-Year yields at 4.09%. Tech sector divergence with Microsoft weakness and Nasdaq gains underscores gold’s move being driven by dollar dynamics and inflation risk rather than equity contagion.