Gold ends April with little fanfare, but record-high prices may be ‘inevitable’

After settling just short of an all-time high this month, gold futures have ended April with little fanfare, as prices struggled to get past the key $2,000-an-ounce mark and finished only modestly higher than a month ago.

Gold futures GC00 GCM23 climbed past $2,000 an ounce on an intraday basis on March 20 for the first time in about a year. It settled as high as $2,055.30 on April 13, not far from the record-high finish for a most-active contract at $2,069.40 on Aug. 6, 2020, according to Dow Jones Market Data.

“Gold…