Gold prices have surged over 18% year-to-date, hitting record highs for four consecutive days, driven by global safe haven demand, expectations of interest rate cuts, and strong central bank buying. Key labor market indicators are being monitored for insights into the Federal Reserve's interest rate decisions, while geopolitical tensions and a weaker US dollar continue to support gold's upward momentum. Technical targets suggest potential price levels of $2,995.85 and $3,755.00 per troy ounce, with an extended bull market possibly reaching $4,000.00.