Gold futures basis, the most active February 2024 contract closed at $2091.70 on Friday, December 1. This after gold gained $35.60 or 1.73% opening at $2056.56 with a strong volume of 230,000 contracts.
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Recorded on Thursday, November 30, Ivan Bayoukhi spoke with me, when I joined his show on WallStreet Silver.
As the saying goes; you ain’t seen nothing yet! The price of Spot gold today is fixed at $2070.10, just about $10 below the record high achieved in May, according to Kitco News.