Today gold broke out and above the narrow and sideways trading range that has been so dominant over the last nine trading days. As of 5:00 PM EDT gold futures are currently trading up $17.80 (+1.18%), and fixed at $1524.00.

On September 4^th gold futures closed at the highest value this year trading to an intraday high above $1565, and closing at $1560 per ounce.