Gold ▼ -0.1% to $4940.98 — Daily Market Summary, February 4, 2026
Gold held steady with a minor 0.1% decline amid firm US 10-Year yields at 4.28% and a 0.22% rise in the US dollar, creating headwinds for the metal. Equities fell sharply — Nasdaq down 1.5% — while silver surged 4.61%, underscoring sector-specific rotations. Subdued GLD volume points to muted institutional engagement as gold consolidates, awaiting new catalysts.