Gold ▲ 2.4% to $5083.23 — Daily Market Summary, February 9, 2026
Gold surged 2.4% amid a 0.81% plunge in the US Dollar Index and a softening 10-Year yield at 4.20%, lowering gold’s opportunity cost. Silver’s 8.73% spike and stable elevated GLD institutional flows further confirm heightened precious metals demand in this risk-on environment. Equities also edged higher, reinforcing the cross-asset rally driven by dollar weakness.