Gold Backtracks From Record High

Group 1 - The S&P 500 has reached a new high, indicating strong performance in the stock market [1] - Gold futures closed down 0.2% at $3,636.90 per troy ounce, marking the fourth-highest close in the history of the front-month contract [1] - Despite the slight decline, the outlook for gold remains positive according to Trevor Yates of Global X ETFs [2]