$TRUMP
$XAU Gold ends the week up 1.3% at $4,195.09
Despite a low of $4,083
and peak yields
Gold ends the week up about 1.3% at $4,195.09 (latest reading), versus last Friday’s close of $4,140.68. It fell to a low of $4,083 on Wednesday as yields peaked at 5.365%, then rebounded to $4,198.98 on Friday as yields and oil prices declined. The weekly range was about $116, and gold added around $389 billion to its market value on paper.
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Weekly roundup
Gold: $4,195.09 (+$54.41, +1.31%), about 2.8% above Wednesday’s low ($4,082.90) and about 25% below January’s peak ($5,595.47).
Silver: around $61 (up approximately 1% from around $60.50), with a gold-to-silver ratio of about 68.8.
Range: between $4,082.90 and $4,198.98.
Market value: about +$389 billion for gold (an estimate based on a stock of 222,600 tonnes).
Note: The final weekly close is at midnight Saudi time and may vary slightly.
The week’s trajectory
#BitcoinReboundsTo$83K #EthereumLiquidationsHit$356M #ZcashTargetsJanuaryForQuantumResistantPayments #EthereumSurpasses$2500 #SolanaPlansToCutBlockTimesTo200ms
$XAU Gold ends the week up 1.3% at $4,195.09
Despite a low of $4,083
and peak yields
Gold ends the week up about 1.3% at $4,195.09 (latest reading), versus last Friday’s close of $4,140.68. It fell to a low of $4,083 on Wednesday as yields peaked at 5.365%, then rebounded to $4,198.98 on Friday as yields and oil prices declined. The weekly range was about $116, and gold added around $389 billion to its market value on paper.
Be the first to know where gold is headed and get an instant trading plan
Weekly roundup
Gold: $4,195.09 (+$54.41, +1.31%), about 2.8% above Wednesday’s low ($4,082.90) and about 25% below January’s peak ($5,595.47).
Silver: around $61 (up approximately 1% from around $60.50), with a gold-to-silver ratio of about 68.8.
Range: between $4,082.90 and $4,198.98.
Market value: about +$389 billion for gold (an estimate based on a stock of 222,600 tonnes).
Note: The final weekly close is at midnight Saudi time and may vary slightly.
The week’s trajectory
#BitcoinReboundsTo$83K #EthereumLiquidationsHit$356M #ZcashTargetsJanuaryForQuantumResistantPayments #EthereumSurpasses$2500 #SolanaPlansToCutBlockTimesTo200ms