Gold ▼ 0.15% to $4701.40 — Daily Market Summary, August 26, 2026
Gold consolidated with a modest 0.15% gain supported by a 6.5 bps drop in the 10-Year Treasury yield to 4.64%. Stable institutional engagement in gold ETFs and subdued dollar strength (DXY +0.06%) reflect a cautious market awaiting the critical PCE inflation data. Equities advanced modestly, highlighting the current balanced risk-on environment.