Gold ▼ 0.27% to $4723.70 — Daily Market Summary, May 9, 2026
Gold consolidated near $1,923 amid a 4-basis-point decline in 10-Year yields to 4.36%, supported by a slight 0.2% drop in the US Dollar Index and stable institutional ETF flows. The Nasdaq rallied 1.7%, lifting equities but without triggering a gold selloff, leaving gold in a strategic holding pattern. Market focus sharpens on yields and dollar moves as key catalysts for future gold volatility.
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