Analysts: gold prices headed to biggest weekly gain week since 2008By Kitco Newsn (Kitco News) – Analysts point out that gold prices are on track for their biggest weekly rise in a dozen years. Around 7:20 a.m. EDT, spot gold was at $1,622.65 an ounce, down $5.15 for the day but well up from $1,496.35 as of last Friday.