Gold ▼ -1% to $4337.70 — Daily Market Summary, June 18, 2026
Gold plunged 1.0% amid rising US 10-Year yields hitting 4.46%, increasing the opportunity cost of holding bullion. Equity markets, including a sharp drop in Microsoft and the Nasdaq, weakened significantly while the USD surged modestly, pressuring gold further. GLD volume showed subdued flows, reflecting measured institutional engagement in this yield-driven environment.