It was the sixth positive trading session in a row.
In midday trading, gold futures were adding to those records Thursday.
XAU= YTD mountain Gold is trading at record highs and closing in on a 30% gain for 2024.
However, Bank of America ETF strategist Jared Woodard warned in the same note that gold might be "tactically overbought."
That would represent a roughly 5-8% pullback," Krinsky said, referring the SPDR Gold Shares fund backed by physical gold.
Persons:
Jared Woodard, Woodard, Wayne Gordon, Gordon, Jonathan Krinsky, Krinsky
Organizations:
Federal, Bank, America, Bank of America, UBS