Although trading in the futures markets for precious metals, energies, grains, and other commodities is closed for trading tomorrow in honor of “Good Friday”, in this case, the government never rests.

The solid breakout that moved gold futures above $2000 to a high of $2043 yesterday, and $2049.20 today indicates a new level of support well above $2000 per ounce.

A solid breakout in gold moved futures pricing well above $2000 in trading today. Currently, the most active June 2023 contract is trading up $39.10 or 1.94% and fixed at $2039.40.