Gold prices have been on a run that few analysts saw coming this spring, and anyone who has been watching the spot price knows the metal just punched through a level that got people talking.
After months of drifting sideways, bullion broke past the $2,900-an-ounce mark in recent trading, a threshold that only a handful of forecasters had circled for this year.
Final Thoughts
It came on the back of steady buying from central banks, a softer dollar, and retail investors who keep treating gold like the financial equivalent of a storm shelter.