Gold futures traded higher by approximately 3.5% to make new all-time highs at the $4,365 level, reclaiming the top end of the range after experiencing a day of selling pressure in the previous session. The upward momentum is attributed to a general sentiment shift in the markets. Driving factors include lower interest rates, with the 10-Year Treasury Note yield dropping below 400 basis points, alongside discussions about the government shutdown and debt structure. The general momentum trend is benefiting the broader metals quadrant, as Silver futures are up about 2% near the $51.50 level, and Platinum futures are up approximately 1.5%. Gold futures, however, continue to display relative strength and are outpacing the other major metals markets.
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