The price of gold remains near record highs, with gold futures trading at $3,606, just below the settlement high of $3,635. Gold has surged 37% in 2025. Traders are confident in a rate cut by the Federal Reserve, with a 99% chance of a quarter-point cut priced in by the market, according to CME’s FedWatch tool.

Read more at Dow Jones & Company: Gold Holds Near Record High. U.S. Jobs Data Will Be Key for the Rally.