Oil found its footing in the fog of geopolitics.

Tensions stirred the market, lifting WTI to $58.38 and Brent to $62.19, even as surplus barrels weighed heavy in the background. The spark was political, not physical…yet oil still walks toward an 18% yearly fall.

Gold, meanwhile, shone like a quiet refuge.

Carried by rate-cut hopes and global unease, it touched $4,500/oz, rising 1.1% this week. Up nearly 70% this year, gold is writing its strongest chapter since 1979.