Comex Gold Ends the Week 1.95% Higher at $4720.40
Comex gold rallied on signs of ongoing U.S.–Iran tensions, ending the week up 1.95% at $4,720.40 per troy ounce. Front-month May gold gained $90.50 for the week — its largest one‑week net and percentage rise since the week ending April 17, 2026 — snapping a two‑week losing streak and marking four consecutive session gains. Short‑term safe‑haven flows tied to geopolitical risk appear to be supporting prices, reinforcing a near‑term bullish backdrop for gold despite prior recent volatility.