Old Friend by Elton John is a nostalgic and heartfelt tribute to a cherished friendship that has stood the test of time. The song reflects on past memories and experiences shared with an old friend, highlighting the deep bond and connection between them. Themes of loyalty, gratitude, and enduring companionship are prevalent throughout the lyrics, making it a touching ode to the special individuals who have played significant roles in our lives. Particularly poignant moments in the song include reflective passages where the singer recalls specific events and emotions, emphasizing the lasting impact of the friendship on their life.