If you trade XAU/USD, gold CFDs, gold futures, or gold ETFs, here’s a deeper dive into what moved gold this week and what to watch going into next week.

Gold entered this week with three straight weekly losses.

A 60-day Iran ceasefire agreed Monday gave gold a brief lift before continued repricing of Fed tightening expectations sent the dollar to a one-year high, and pushed gold through $4,000 for the first time since November 2025.