diff --git a/stable/xray/CHANGELOG.md b/stable/xray/CHANGELOG.md
index 25757fe38..c7495583f 100644
--- a/stable/xray/CHANGELOG.md
+++ b/stable/xray/CHANGELOG.md
@@ -1,6 +1,9 @@
 # JFrog Xray Chart Changelog
 All changes to this chart will be documented in this file.
 
+## [103.118.11] - May 21, 2025
+* Add starting slash to observability health-checks to fix an [issue with linkerd deployments](https://github.com/linkerd/linkerd2/issues/14034)
+
 ## [103.118.11] - April 2, 2025
 * Add affinity and tolerations to rabbitmq migration hook
 * Update rabbitmq tag version to `3.13.7-debian-12-r6`
diff --git a/stable/xray/Chart.yaml b/stable/xray/Chart.yaml
index b2b764628..e49c164ee 100644
--- a/stable/xray/Chart.yaml
+++ b/stable/xray/Chart.yaml
@@ -28,4 +28,4 @@ name: xray
 sources:
 - https://github.com/jfrog/charts
 type: application
-version: 103.118.11
+version: 103.118.12
diff --git a/stable/xray/values.yaml b/stable/xray/values.yaml
index d53f85feb..ec6fb7968 100644
--- a/stable/xray/values.yaml
+++ b/stable/xray/values.yaml
@@ -1476,7 +1476,7 @@ observability:
     enabled: true
     config: |
       httpGet:
-        path: observability/api/v1/system/liveness
+        path: /observability/api/v1/system/liveness
         port: 8082
         scheme: {{ include "xray.scheme" . | upper}}
       initialDelaySeconds: {{ if semverCompare "<v1.20.0-0" .Capabilities.KubeVersion.Version }}90{{ else }}0{{ end }}
@@ -1489,7 +1489,7 @@ observability:
     enabled: true
     config: |
       httpGet:
-        path: observability/api/v1/system/readiness
+        path: /observability/api/v1/system/readiness
         port: 8082
         scheme: {{ include "xray.scheme" . | upper}}
       initialDelaySeconds: 30