The price of gold traded at $2,754.27 per troy ounce, as of 9 a.m. ET. That’s down 0.70% from yesterday’s gold price per ounce and up 33.29% since the beginning of the year. The lowest trading price within the last 24 hours: $2,731.65 per ounce. The highest gold spot price in the last 24 hours: $2,773.80 per ounce.

The upward price surge first started in early March when the price of gold hit about $2,160 per ounce, and since that time, gold's price has shattered records almost continuously. In total, gold's price has climbed by about 33% since January 1,

Gold topped $2,800 an ounce for the first time ever on Wednesday, but one analyst warned that the upward movement for prices may be “limited” going forward as strength in Treasury bond yields is a reminder to investors of the high opportunity cost of the non-yielding precious metal.