Gold ▼ -0.44% to $4139.10 — Daily Market Summary, July 8, 2026
Gold faced a sharp 0.44% decline amid rising Treasury yields hitting 4.53%, which increased gold’s opportunity cost. The Nasdaq’s 1.16% drop and a modest 0.06% rise in the dollar compounded headwinds, while stable GLD institutional flows pointed to cautious positioning in the precious metals space.