Hawaii offers a unique time zone to monitor the markets globally. Gold, for example, trades 24 hours a day and closes for the weekend on Friday at 5 o’clock in New York, which corresponds to noon in Honolulu.

For the first time in three weeks, gold prices have stabilized. Although gold closed slightly higher, in essence, flat for the week, this occurrence marks the first time in the last three weeks that gold prices have not closed lower on the week.

Gold futures have settled with moderate gains on the day. The most active August contract closed at $1250.90, up approximately $5.10.