On Friday, spot gold rose 0.53% to $4,302.68 per ounce, marking a weekly gain of 2.49%. Prices remained largely flat from Monday to Wednesday (before the Fed announced rate cuts and Treasury bill purchases) before climbing steadily, though they saw a notable pullback on Friday.
COMEX gold futures increased 0.48% to $4,333.60 per ounce, with a weekly rise of 2.14%. Prices briefly touched $4,387.80 during Friday's session.