Front-month gold futures continue to set records, with investors maintaining a risk-off appetite ahead of the Federal Reserve’s meeting tomorrow.
Front-month gold is now up for six consecutive sessions, settling today 1.2% higher to $3,035.10 a troy ounce. Ongoing worries over tariffs, inflation and wars have investors choosing safe havens in lieu of riskier assets.
SPDR Gold shares also found new highs today, climbing roughly 1% to nearly $280 a share–a record, based on data going back to November 2004.