Gold and Prediction Markets Boost Results for Robinhood

Gold (XAUUSD) ticked higher intraday but remained on track for a weekly loss as rising oil prices and firming rate expectations weighed on bullion’s safe‑haven appeal. The WSJ roundup notes a technical rebound in gold amid broader market volatility — oil surged to wartime highs (its strongest since 2022), lifting concerns that central banks may keep rates higher for longer and capping gold’s upside. European equity indices were mixed, reflecting risk‑on/risk‑off swings. The piece also highlights company‑specific news (Robinhood’s revenue and prediction‑market lift) that supported market headlines but did not alter the dominant theme: commodity‑driven rate fears pressuring gold. Overall, near‑term momentum looks challenged for XAUUSD unless oil eases or rate expectations retreat.