Gold just did what gold always does

Eleven hundred and three dollars. That’s how much a single ounce of gold has gained over the past twelve months. One ounce. One year. Yesterday it closed at $4,462 — up from $3,359 on the same day in 2025. If you held ten ounces of gold a year ago, you just got an $11,000 raise while doing absolutely nothing. The Iran war, sticky inflation, and a Fed that markets now think might HIKE before year-end have done what they always do. The yellow metal moved.