The Fed’s mixed policy commentary created choppy GLD futures trading, with price whipsaws between $222 and $ “Every find helps piece together the human story of the 1715 Fleet. We are committed to preserving and studying these artifacts so future generations can appreciate their historical significance,” he continued. Gold futures continue to reach record highs, exceeding over $3,800 an ounce as of Oct. 1. And they could go higher, at least according to Goldman Sachs. In a recent analysis , the bank noted the precious metal could hit $5,000 an ounce if money privately invested in the U.S. Treasury market shifted just 1% to gold. The bank also forecasted that by mid-2026, gold prices could reach $4,000 an ounce. Leveraged funds scaled back short positions in GLD futures by 8%, a sign that bearish conviction is weakening. This shift could open the path for another test of April highs if macro data supports gold.