Gold prices rose over 1% on Friday as the dollar weakened by 0.3%, bringing spot gold to $3,332.88 per ounce and contributing to a nearly 3% weekly gain. The precious metal, which has increased more than 27% since the beginning of the year, found support from ongoing geopolitical tensions—including escalating military conflicts between India and Pakistan and uncertainty surrounding U.S.-China trade relations. President Trump’s comment that 80% tariffs on Chinese goods “seems right” ahead of weekend trade talks added to market concerns. Despite the current rise, some analysts suggest gold might be entering a period of consolidation after its strong performance.

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Gold Drops to $4,681 — Iran Ceasefire Expires Today
Gold has fallen to $4,681 as the Iran ceasefire expires today and the Fed chair fight stalls in the Senate. With two live scenarios and institutional uncertainty growing, here’s what the price action actually means for your allocation.





