The week ended with a series of significant developments, including a potential shift in the Fed's interest rate policy, a controversial statement from a top White House advisor, Kevin Hassett, regarding the financial impact of the U.S.-Israeli war with Iran on American consumers, leading to an unexpected response from the bond market. The ongoing war in Iran has led to a prediction of a potential rate hike by the end of the year. The gold market experienced its worst weekly performance in over four decades, largely due to the weak performance of SPDR Gold Shares stock and the rising tide of the Iran war. The 60-day waiver of the Jones Act by the Trump administration by allowing for rising fuel and fertilizer prices during the Iran War has raised concerns among financial and policy experts.