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Gold poised for parabolic rise following back-to-back gains
Gold prices are surging to unprecedented heights in 2025, with back-to-back gains suggesting another parabolic price movement could be imminent. The precious metal has shattered multiple records this calendar year, building on an impressive 80% increase since October 2024, translating to a gain of $1,564.10 over just 14 months. The most active June 2025 gold futures contract, which settled at $1,966 on Monday, October 24, 2024, has demonstrated remarkable strength in recent trading sessions. On Monday, June gold gained $96.10, followed by an additional $97.20 as of 5:05 PM ET yesterday, collectively adding nearly ... (full story)
