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Gold Silver Reports โญโญโญโญโญ โ Gold prices declined in last weekโs trading as the US dollar index (DXY), which measures the greenbackโs strength against a basket of six major currencies, rallied. Gold prices fell to a low for the week on Friday, at $1,223 an ounce, the lowest level traded since February 15. At weekโs end, however, the contract for April settlement on the COMEX division of the New York Mercantile Exchange ended well off the low of the day at $1,235/ounce. This represented a loss of 1.8% for the week overall.