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Chart comparing daily moves across seven major assets, with gold the only one declining Friday.

Gold was the only decliner among seven major assets tracked Friday, slipping as the US dollar strengthened even though the TSX, the S&P 500, oil and the Canadian dollar all finished the session higher. The pullback came the same day gold pushed through $4,100 for the first sustained close above that level in about a month, a threshold that had drawn attention earlier in the session. The reversal points to broad dollar strength rather than any shift in how markets are pricing risk around the Strait of Hormuz.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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