ET – Front-month gold futures rise to a new high for the contract, up 0.8% to $2,744.20 an ounce. It’s the sixth-straight session that gold has closed higher, driven by a host of reasons. “Key drivers of this bullish phase include concerns over fiscal instability,

Gold prices touched a new high at almost $2,750 early Monday. It’s a haven asset that people usually buy to protect themselves in uncertain times, so it’s a little strange that gold is climbing at the same time that stocks are also hitting records.