Gold ▼ -0.65% to $4722.30 — Daily Market Summary, April 23, 2026
Gold plunged 0.65% amid a hawkish environment with the 10-Year Treasury yield steady at 4.29%, elevating gold’s opportunity cost. The Nasdaq’s 1.64% rally, led by Microsoft, fueled risk-on flows, while the DXY edged up 0.11%, collectively pressuring gold despite stable GLD ETF institutional engagement.
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