Gold Rally Builds Into Jackson Hole as Longs Hit 141,648

Gold futures are running at $4,694.70 in Monday's early session, up nearly 2% from Friday's $4,605.40 New York close, and that close itself capped a third straight weekly gain. This is a continuation trade, not a fresh catalyst: nothing new broke over the weekend, and the move is carrying momentum from a market that closed last week strong and thin. GLD finished Friday's cash session at $423.36, up 1.95%, and SLV closed at $62.72, up 1.72%. Silver futures (SI=F) are actually a touch softer at $68.83 versus Friday's $69.16, a reminder that the cash ETF and the futures curve aren't always telling identical stories on any given morning.
Key Takeaways Gold futures (GC=F) are at $4,694.70, up from…
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