The Comex gold (GCJ26) futures market overnight hit another record high of $5,345.00 an ounce. In just one week the precious yellow metal tacked on around $500.00. For perspective, the entirety of 2014 through 2018 saw a high-low trading range in gold futures of around $100.

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The 2026 Winter Olympics open Feb. 6 at Milan’s San Siro Stadium and run through Feb. 22. Here is a breakdown of the top gold medal contenders on Kalshi before festivities get underway.

The shocking volatility in metal markets last week hasn't deterred JPMorgan from its bullish call for gold to hit $6,300 this year.

Gold’s recent dramatic selloff resulted from a convergence of factors following a surge in prices above $5,500 per ounce. The immediate catalyst was President Trump’s nomination of Kevin Warsh as the next Federal Reserve chair,

Financial analysts have made a shocking prediction about the price of gold even as the precious metal made its most drastic decline in 33 years.

Gold and silver crashed on Friday, but analysts caution that the dramatic declines might not be a moment to buy the dip in the precious metals.

The prices of both the metals witnessed a steep fall in a single day. This decline continued for nearly three days, during which gold and silver prices dropped sharply.