Gold futures traded to within striking distance of the key and significant psychological level of $4,000 per troy ounce today. Gold reached another record high of $3,997. December Comex futures are in after hours, or overseas trading currently as of 6:24 PM ET within dollars of the Monday’s high at $3,994.30.

Gold prices climbed on Friday, maintaining momentum near record levels as the precious metal approached its seventh consecutive weekly gain. The rally has been driven by growing concerns over the economic impact of a prolonged U.S. government shutdown and ongoing expectations of additional Federal Reserve interest rate cuts.

Gold prices advanced modestly during today's session as market participants weighed competing forces: disappointing private-sector employment data against intensifying safe-haven demand triggered by an impending government shutdown.

Gold futures extended their remarkable rally on Tuesday, establishing yet another all-time high as concerns over a potential U.S. government shutdown intensified investor appetite for safe-haven assets.

Gold extended its impressive rally today, with the precious metal surging to a fresh intraday record and achieving an unprecedented closing price. The current upward momentum has been driven by a confluence of factors: mounting concerns over a looming U.S. government shutdown, optimistic investor sentiment surrounding anticipated Federal Reserve rate cuts, and persistent weakness in the U.S.

The precious metals sector continues its extraordinary bull run, with both gold and silver posting another week of substantial gains. Since launching this unprecedented rally on Monday, August 18, 2025, both metals have achieved six consecutive weeks of advances—but it's silver that has truly captured market attention with its spectacular outperformance.

00:00 - Intro: Gold Hits Record $3,800 vs. a 3.8% U.S. GDP Report 

01:00 - Kitco Poll: 73% of Viewers See Gold Above $4,000 

The precious metals markets experienced a notable correction on Wednesday as gold futures retreated from near-record levels amid renewed strength in the U.S. dollar. December gold futures declined $28.40, or 0.75%, to settle at $3,768.50—a closing price that remains within striking distance of Tuesday's record high of $3,796.90, representing a gap of less than $30.

Gold demonstrated sustained bullish momentum on Tuesday, with gold futures extending their winning streak to three consecutive sessions. The December gold contract settled at $3,796.90, marking a gain of $15.70 or 0.42% for the session.

Gold reached a fresh record high today, extending a remarkable rally that has propelled the precious metal to significantly outpace U.S. stock indexes this year. Gold futures climbed to within $20 of $3,800, pushing year-to-date gains beyond 40%.