Gold ▼ -0.68% to $4049.30 — Daily Market Summary, July 28, 2026
Gold entered a sharp move lower today, dropping 0.68% amid subdued institutional flows and persistent pressure from elevated 10-Year Treasury yields at 4.64%. Silver plunged nearly 1.84%, signaling contagion risk within metals, while the dollar remained flat and selective tech strength supported the Nasdaq. Overall, markets digest a hawkish yield environment against cautious investor positioning ahead of key economic data.