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Gold futures consolidate forming a base at recent highs above $2030 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. Currently, the most active June 2023 futures contract is fixed at $2037.10 a net decline of $1.1 or 0.05%. The fact that gold did not immediately sell off as it has in the past after hitting the highest price since…

Breakout in gold takes futures to a high of $2043.40 in striking range of record high 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. That puts gold within striking range of the all-time high of $2088 as well as the record closing price for gold futures at $2069.40. Dollar weakness contributed roughly 25% of the gains in…

Gold price sees triple-digit gains in March, but can it set record highs in April? Gold gained $150 in March — its best month since July 2020. And with analysts seeing markets contradicting the Fed's messaging, gold has a lot more upside, including testing and breaking record highs in April, according to analysts. The gold market is wrapping up March just below $2,000 an ounce. This is up 7% on the month and 9% year-to-date — the best monthly performance…