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What will be the lowest price of gold futures in Q4 2024?
4
Resolution / Starting Odds
Below $2,600 • 25%
$2,600 - $2,650 • 25%
$2,650 - $2,700 • 25%
Above $2,700 • 25%
Publicly available gold futures prices from financial news sources like Bloomberg or Reuters
Story
Gold Futures Hit New All-Time High of $2,680, Up 30% YTD in Four Consecutive Sessions
Sep 25, 2024, 02:38 PM
Gold futures have reached a new all-time high of $2,680, marking a significant milestone in the precious metals market. This achievement represents a $700 increase above the previous all-time high. Gold has experienced a remarkable performance, hitting new all-time highs in four consecutive trading sessions and five of the last six. The price of gold has surged 30% year-to-date, making it the best YTD performance this century. Analysts attribute this rally to the gold-dollar correlation flipping in anticipation of the next burst of inflation. Gold's fifth all-time high in a row was up to $2,659.
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