Gold raced past the $2,700 mark for the first time on Friday . . .. Spot gold rose 0.7% to $2,711.75 per ounce, having hit an all-time high of $2,714.00 earlier in the session. Bullion has gained over 2% so far this week. U.S. gold futures gained 0.7% to $2,726.90.
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Spot gold was up 1% at $2,720.05 per ounce by 02:58 p.m. ET (1858 GMT) and has risen 2.4% so far this week.
U.S. gold futures settled 0.8% higher to $2,730.