Gold futures live chart current movement on the gold futures

Current movement on the gold futures live chart suggests traders are in wait-and-see mode, holding within the $2,342–$2,353 range. This narrow band may precede a breakout tied to upcoming US employment figures. The quarterly silver futures chart, dating back to the 1960s, illustrates the parabolic move in silver futures that took the price to its highest level since 2011, and brought it within striking distance of the $49.82 high from that year and the all-time $50.36 peak from 1980. As an investment asset, it has consistently been perceived as a hedge against inflation, a safe haven in times of economic instability, and a symbol of wealth and prosperity. However, with gold prices at Rs 85,000 per 10 grams, many question whether it is still worth investing in gold. Technical traders on the gold futures live chart are watching for an ascending triangle breakout on the 4-hour timeframe, with projected upside potential toward $2,370.