Gold futures (GC) have retreated from October's record high above $2,790 per ounce to around $2,650 amid post-U.S. election dollar strength and profit-taking, reflecting trader consensus on sustained Fed easing offsetting geopolitical safe-haven demand. Key drivers include real interest rates near multi-year lows following September's 50 basis point cut, robust central bank purchases (e.g., China's recent additions), and Middle East tensions bolstering risk premiums. The dollar index (DXY) at 106+ pressures prices, but implied Fed funds path signals two more cuts by March 2025. Watch December 11 CPI, December 18 FOMC, and January nonfarm payrolls for inflation trajectory and policy shifts that could propel gold toward new highs or extend the pullback.
Experimental AI-generated summary referencing Polymarket data · UpdatedWill Gold (GC) hit __ by end of March?
Will Gold (GC) hit __ by end of March?
$2,677,347 Vol.
↑ $10,000
<1%
↑ $7,000
<1%
↑ $6,600
<1%
↑ $6,400
<1%
↑ $6,200
<1%
↑ $6,000
<1%
↑ $5,800
<1%
↑ $5,600
<1%
↑ $5,500
1%
↑ $5,400
1%
↓ $4,300
22%
↓ $4,000
4%
↓ $3,600
2%
↓ $3,000
<1%
$2,677,347 Vol.
↑ $10,000
<1%
↑ $7,000
<1%
↑ $6,600
<1%
↑ $6,400
<1%
↑ $6,200
<1%
↑ $6,000
<1%
↑ $5,800
<1%
↑ $5,600
<1%
↑ $5,500
1%
↑ $5,400
1%
↓ $4,300
22%
↓ $4,000
4%
↓ $3,600
2%
↓ $3,000
<1%
For CME Gold (GC) futures contracts, the Active Month is the nearest of CME's designated delivery-cycle months (February, April, June, August, October, December) that is not the spot month. The Active Month changes automatically on the contract's First Position Date, at which point the next eligible contract month becomes the Active Month.
Only the Active Month's official settlement price published by CME Group will be considered. Intraday trades, highs, lows, bids, offers, midpoint values, or indicative prices do not count.
Note that the settlement price may differ from the last traded price. CME's methodology to determine the settlement price can vary by commodity and contract.
Only days on which CME publishes an official settlement price for the Active Month will be included. Days without settlement prices (weekends, holidays, or market closures) are ignored.
This market will resolve based on the settlement price as it appears on the CME settlement page at the time it is first published for that trading day, regardless of any later corrections or updates.
The resolution source for this market is the CME Group website — specifically, the daily "Settlement" price for the Active Month of Gold (GC) futures.
Market Opened: Mar 2, 2026, 6:22 PM ET
Resolver
0x65070BE91...Resolver
0x65070BE91...Gold futures (GC) have retreated from October's record high above $2,790 per ounce to around $2,650 amid post-U.S. election dollar strength and profit-taking, reflecting trader consensus on sustained Fed easing offsetting geopolitical safe-haven demand. Key drivers include real interest rates near multi-year lows following September's 50 basis point cut, robust central bank purchases (e.g., China's recent additions), and Middle East tensions bolstering risk premiums. The dollar index (DXY) at 106+ pressures prices, but implied Fed funds path signals two more cuts by March 2025. Watch December 11 CPI, December 18 FOMC, and January nonfarm payrolls for inflation trajectory and policy shifts that could propel gold toward new highs or extend the pullback.
Experimental AI-generated summary referencing Polymarket data · Updated
Beware of external links.
Beware of external links.
Frequently Asked Questions