Gold

Gold prices have experienced a remarkable upward trajectory since mid-December, culminating in a record high before showing signs of a pullback. The precious metal surged from $2,599.60 on December 18 to an all-time high of $2,974 yesterday, representing a 14.46% gain ($375) in just over two months.

In what appears to be an extraordinary display of market resilience, gold prices are entering their ninth consecutive week of gains, consistently closing higher than their Monday opening bids. This remarkable performance has propelled the precious metal to unprecedented heights, with April gold futures closing at a record $2,953.20 last week after advancing $52.50 (1.81%).

Gold prices have marked their eighth consecutive week of gains, pushing the precious metal to unprecedented heights amid growing global uncertainties and robust central bank buying. The April gold futures contract settled at $2,950, securing a weekly advance of $56.30 or 1.95%, and briefly touching a new all-time intraday high of $2,973.40 on Thursday.

Gold continues to demonstrate remarkable strength in early 2025, trading near record levels while the U.S. dollar faces mounting pressure. The precious metal reached an unprecedented closing price of $2,957 per ounce on Thursday, February 13, marking a significant surge from its December position of $2,600.

Gold continues its remarkable ascent in 2025, achieving nine record highs year-to-date despite recent price fluctuations. The precious metal has demonstrated exceptional performance, with futures contracts gaining about 11% since January and nearly 4% in February alone.

Gold prices exploded to unprecedented heights, with April futures touching $2,952.60, as investors grapple with mounting concerns over U.S. policy disruptions and central bank buying. The precious metal settled at $2,952.40, marking a robust 0.97% gain of $28.30, despite notable strength in the U.S. dollar index, which climbed 0.31% to 106.935.

In a week marked by contrasting price action, gold futures in the April contract closed modestly higher, gaining $7.60 to reach $2,893.70 per troy ounce. However, Friday's session revealed significant bearish sentiment as prices plummeted $63.50 from the day's opening of $2,957.30, after touching an intraday high of $2,964.10.

Gold surged to a new all-time record high today, with the most active April contract currently fixed at $2958.40, or 1.02% after factoring in net gain of $29.70. Dollar weakness was by far the largest contributor to gains in gold. The dollar index is currently fixed at 106.95, after factoring in today’s decline of 0.84%.

Gold prices pulled back for a second consecutive day following Tuesday's historic peak, as investors digested higher-than-expected inflation data and Federal Reserve Chairman Jerome Powell's congressional testimony reinforcing a cautious approach to rate cuts.

Gold prices achieved a historic milestone before retreating today, as investors processed congressional testimony from Federal Reserve Chairman Jerome Powell and recent trade policy announcements from President Trump. The precious metal's most active April contract reached an unprecedented $2,968.50 before experiencing a sustained decline.