Gold futures rallied to a new all-time high, surpassing $4,218, driven by geopolitical tensions, trade uncertainty, and a potential Fed rate cut. Gold prices are up about 20% since September 1. As prices continued to climb, volatility reached a 6-month high. The market anticipates the release of the Philly Fed index, the New York Fed Services Index, and the NAHB Housing Index. The Fed's blackout period ahead of the October FOMC meeting is set to begin on Saturday.