Gold futures ended higher for a fifth straight session Thursday, with the most-active contract just short of notching a settlement record, highlighting feverish demand for bullion amid the worst pandemic in over a century.
If gold gets to its 2011 record high, "who is to say it cant go to $2000 next?” wrote Fawad Razaqzada, market analyst at ThinkMarkets, in a Thursday research note. “Obviously, no one knows if it will get there, but momentum is certainly bullish, and the fundamental backdrop is still supportive.”#Goldboom# #BullishSentiment#
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