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Gold notches biggest gain since 2020 as precious metal goes 'parabolic’
Yahoo Finance· 2025-10-18 00:11
Gold futures (GC=F) eased on Friday but notched their biggest weekly gain since 2020 in a stunning rally. The precious metal declined more than 1% to near $4,260 after hitting an intraday high north of $4,380 earlier in the session. Gold gained 7% over the past week as prices went "parabolic in a perfect storm for the yellow metal," Kyle Rodda, senior financial market analyst for capital.com, said in a Thursday night note. Read more: Thinking of buying gold? Here's what investors should watch for. Trad ...