Gold prices fetched a new record high of $1062.70 per ounce in Thursday's pit trading. Prices finished the session with a 1.1% gain at $1056.20 per ounce.
Silver saw even stronger gains. The precious metal settled 2.5% higher at $12.82 per ounce.
Oil prices also took a ride higher. Contracts for crude spiked 3.0% to close pit trade at $71.68 per barrel. Meanwhile, natural gas prices finished the session with a 1.5% gain at $4.98 per ounce. Weekly natural gas inventory data was generally not an issue.