Short-covering activity visible on the gold futures live chart has pushed prices toward $2,352, with traders eyeing a potential test of the psychological $2,360 level if dollar weakness persists. Williams was a rising R&B singer at the time. She had reached No. 2 on Hot Soul Singles with “Free” in 1977. A CBS executive at the time told me that Williams’ popularity got the record off the ground, but the fact that Mathis was able to pull off something far removed from his signature style is what brought it home. Gene Page arranged and conducted the smash. Jack Gold, who had produced many Mathis albums, produced the track, which was recorded four days before Christmas 1977. (It turned out to be a very nice Christmas present.) Gold has long been considered a store of wealth, and the price of gold often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset . Real-time market action on the gold futures live chart indicates steady buying interest ahead of the ECB policy update. The current price near $2,350 reflects safe-haven demand amid geopolitical tensions, with potential upside toward $2,368 if momentum builds.
