Gold Prices Near Record Highs as Spot Gold Surges Above $2,400, Approaching $2,450 with 1.87% Gain

Gold prices are nearing record highs, with spot gold surging above $2,400 per ounce for the first time since May. As of today, gold is just a few dollars away from its all-time high of $2,450. The precious metal has seen a significant gain of 1.87%, and if it closes above $2,450, it is expected to rally quickly to around $2,800. The current closing spot record price stands at $2,426.6, and gold is on track to hit its highest closing price of all time. Gold extended its gain to $50 and is currently at $2,440, up by .80%.