Historical backfill: prepared on October 4, 2026; observations stop at the article date, using US stock and ETF closes and same-day yield observations.
GLD fell from $408.42 on August 31 to $396.75 on September 1, then recovered to $402.78 on September 2. It gained about 1.5% that day and was still roughly 1.4% below Monday’s close. The bounce had begun; the previous loss had not been recovered.
The ten-year nominal Treasury yield remained at 4.79%. The real yield edged up from 2.44% to 2.45%, while the dollar index fell about 0.1%. Gold’s repair did not accompany falling yields. A reversal of earlier selling, new safe-haven or physical demand, and a technical bounce remained unresolved possibilities. August’s BLS employment report was scheduled for September 4, and the next FOMC meeting had not taken place.
TLT rose only 0.1% and SPY 0.4%. Gold, long bonds and equities had fallen together a day earlier; their recoveries now differed, with gains beyond defensive assets. NVIDIA rose about 3.2% that day, and Micron 2.4%.
Sources: Yahoo Finance GLD · Yahoo Finance TLT · Yahoo Finance SPY · Yahoo Finance NVDA · Yahoo Finance MU · Yahoo Finance 美元指数 / Dollar Index · FRED DGS10 · FRED DFII10 · BLS · September 2026 calendar · Federal Reserve · FOMC calendar. Stock and ETF price changes use consecutive trading-session closes. Yields are observations for the stated day. The roughly -1.4% comparison between September 2 and August 31 uses GLD historical closes, not an investor’s total return. FRED yields use the historical series available at preparation, not an archived real-time release snapshot. Price facts are separated from interpretation; causal explanations have not been established. Past performance does not indicate future results. Dollar-index figures use Yahoo Finance DX-Y.NYB daily records; the provider’s daily cutoff has not been reconstructed, so they are not treated as synchronous with regular stock and ETF closes. The securities NVDA, MU are discussed solely as subjects of analysis, not as KSINQ recommendations to buy, sell or hold. The cited price changes reflect historical performance and do not imply future results. Personal research and opinion for information only, not investment advice.