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May 20, 2022, 1:50 p.m. EDT

Gold ends flat Friday, but books first weekly gain in a month

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By Joy Wiltermuth

Gold prices closed flat on Friday, but booked a weekly gain, putting an end to the yellow metal's longest streak of weekly losses in four years. Gold for June delivery /zigman2/quotes/210034565/delayed GC00 -0.23% finished the session virtually unchanged, up just 90 cents, to settle at $1,842.10 an ounce on Comex, as continued volatility in equity markets led the S&P 500 index /zigman2/quotes/210599714/realtime SPX -0.13% to trade below the threshold needed for it to enter a bear market. For the week, the most-active gold contract gained 1.8%, snapping a four-week skid that was its longest stretch of weekly losses since August 17, 2018, when it fell for six weeks in a row, according to Dow Jones Market Data.

/zigman2/quotes/210034565/delayed
US : U.S.: Nymex
$ 1,817.00
-4.20 -0.23%
Volume: 126,143
June 29, 2022 11:39a
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/zigman2/quotes/210599714/realtime
US : S&P US
3,816.43
-5.12 -0.13%
Volume: 817.07M
June 29, 2022 11:49a
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