Gold Is Close to Revisiting Its Record High
Gold is glittering to kick off 2025.
The most active futures on gold are currently trading at $2745.10, up $27.30 or 1% from a day earlier. That level is just about 2% shy of its all-time settlement high of $2800.80 marked on Oct. 30. If the contract closes at current levels, it would be the highest close since last month, according to the Dow Jones Market Data.
Gold has been on a tear lately. Investors in gold-related exchange-traded funds like the VanEck Gold Miners ETF and SPDR Gold Shares are sitting on gains of 25% and 31%, respectively, over the past year. It matches the returns passive equity investors have gotten over the past year, with the SPDR S&P 500 ETF up 26%.