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.

For early investors, this year's meteoric rise in gold prices has led to impressive returns. Those who bought gold at the $2,160 price point in March have already enjoyed substantial gains and even recent investors who entered the market at slightly higher levels have benefitted from the upward trend.

Gold prices surge past $2750 per ounce on record inflows into gold funds. Gold ETFs saw a massive $3 billion investment last week, the second-largest increase ever.

Silver traded at $32.83 per ounce as of 9 a.m. ET. That represents a decrease of 1.77% over the past 24 hours. Year to date, silver is up 37.22%. On the last day, it has reached a low of $32.51 and a high of $33.42.

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.