Gold ▼ -0.09% to $4625.60 — Daily Market Summary, May 2, 2026

Gold consolidated today near $4625 with negligible movement as the 10-Year Treasury yield held at 4.38%, sustaining elevated opportunity costs. GLD ETF showed stable volume reflecting steady institutional positioning, while a flat dollar and modest equity gains driven by tech supported a cautious risk-on environment. The metal remains range-bound, awaiting macro and cross-asset catalysts to determine direction.
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