The Gold Update: Yellow Metal's Fits and Starts in Finding a Floor

Gold logged an up week, marking only its fourth positive week in the last 14 across 29 trading weeks so far this year, after a strong run from Monday into Wednesday. Prices jumped at one point by 3.7% to 4,171, before settling the week on Friday around 4,056—up 0.8% net. The article frames the move as gold “fostering friendship with Fair Value,” citing Fair Value as a long-run valuation benchmark tracked against gold’s price behavior since the end of the gold standard in 1971. It also notes gold’s pressure alongside a rising U.S. dollar index, supported by “war-to-date” comparisons with oil.