Gold ▼ -0.56% to $4371.60 — Daily Market Summary, September 1, 2026
Gold edged down 0.56% amid a 3.8 basis point rise in the 10-Year yield to 4.80%, increasing gold’s opportunity cost. The Nasdaq fell 1.03% alongside tech stock declines, while GLD volumes showed subdued flows in a cautious institutional market. The stable dollar amid tightening yields presents a complex backdrop for gold’s near-term trajectory.