Gold Rises But Can’t Finish the Week Positive

Gold's weekly close tells you more about paper traders than physical demand. Thursday's dollar strength pushed futures lower, but that's just noise in the bigger picture. COMEX registered gold sits near multi-year lows while central bank purchases remain elevated. The weekly chart might look weak to momentum chasers, but stackers know better. Physical premiums haven't budged despite the paper volatility. When Treasury yields spike and the dollar flexes, weak hands fold. Smart money uses these moments to add weight. The fundamentals driving this bull market haven't changed - currency debasement, geopolitical tensions, and institutional adoption. Paper markets create the dips. Physical stackers buy them.