As of 4:55 PM EDT the most active June contract of gold futures is fixed at $2300.60, up $28.10. This marks the sixth consecutive day of gains for the precious yellow metal, with the last four trading sessions culminating in new record closes.

In a remarkable turn of events, gold futures surged to unprecedented levels on April 1, 2024, driven by a potent mix of economic and geopolitical factors.

Gold futures skyrocketed today, with the most active June contract gaining a staggering $39.40 or 1.78% to settle at $2,254.80.