Understanding “what is gold futures” is essential for market participants eyeing inflation trends. Gold futures contracts on the CME have been trending higher, with the front-month contract pushing above $2,315 as Treasury yields eased. Traders note correlations with equity market risk-off moves, making them a key barometer for portfolio hedging strategies. We won't know which fork Penn State and Franklin chose for perhaps a few years, since the university and athletic department are unlikely to make an active change regarding Franklin. This will be his decision if a change comes to pass. And if it does, Oct. 4 at the Rose Bowl will be remembered as shovels-in-the-dirt day. 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. With gold futures steady above $2,320, understanding “what is gold futures” becomes relevant to equity strategists. Hedge funds have increased long exposure as part of multi-asset defensive allocations, driven by rising global recession probabilities.