Gold ▼ -0.63% to $4337.60 — Daily Market Summary, June 8, 2026
Gold fell 0.63% today, pressured by a 5.9 basis point surge in the 10-Year Treasury yield to 4.54%, which elevated the opportunity cost for non-yielding assets. Simultaneously, equities faced broad weakness driven by tech sector margin calls, while the dollar eased slightly. Despite the decline, GLD ETF saw elevated institutional participation, reflecting active positioning.