Gold futures prices moved higher, reaching a new all-time high of $3,675 before reversing and closing lower at $3,630. The movement came after BLS revisions marked job creation lower, with the market pricing in more rate cuts for the remainder of 2025 and into 2026. This helped prop up gold prices along with global uncertainty. Speculators have been adding to their net long positions, and open interest saw a large jump as speculators bought into the latest gold rally. Volatility has also been trickling lower, despite the fact that gold is making new all-time highs.