Gold Ends Below $4,000 an Ounce, Heading for Nearly 4% Weekly Drop

Gold closed below $4,000 an ounce on October 24, 2026, per The Wall Street Journal, and was set for a nearly 4% weekly drop. Gold pays no interest or rent, so its price going up or down is its only return. This is the latest test of $4,000, a level gold has crossed both ways since October 2025.