Halfway through the 11-day competition, Scottish athletes have already earned 34 medals - surpassing the 33 won at the Commonwealth Games in Edinburgh in 1986.
The previous record was smashed this afternoon after the men's gymnastics team won silver. Scotland is also guaranteed a boxing bronze after Reece McFadden reached the flyweight semi-finals.
However, the Scots team, consisting of Daniel Keatings, Daniel Purvis, Frank Baines, Adam Cox and Liam Davie, will have to wait a few more hours before they can officially celebrate their win.
A bizarre quirk of the qualification draw means that the top seeds in the men's team competition were in action this afternoon while those gymnasts set to contest the minor placings are still to perform this evening.
Until now the highest placed finish by the Scottish men in a Commonwealth Games was fourth, a result they achieved in Manchester in 2002 and repeated in Melbourne four years later.
Team Scotland's medal roll of honour
A clutch of Scots have already confirmed their places in the individual apparatus finals which take place on Thursday and Friday.
Keatings is set to compete on floor and pommel horse, while Purvis will be in action on pommel horse and rings. Emma White will represent Scotland in the women's vault final.
The success of the gymnasts bring Team Scotland closer to officially reaching a 34 medal tally.
Scotland's First Minister described the medal haul as "phenomenal" and paid tribute to the home crowd which has spurred the sports men and women on since the 20th Games kicked off on Thursday.
Alex Salmond said: "This fantastic achievement is testament to the hard work of the Team Scotland athletes, coaches and support staff, and their preparation and dedication is inspiring the whole nation.
"The Commonwealth Games XX team is surely among the best-prepared in history and the world has watched extraordinary performances from our athletes.
"That includes both established stars such as Euan Burton and Libby Clegg, and new stars such as judo sisters Kimberley and Louise Renicks and 13-year-old Erraid Davies.
"From day one Team Scotland has had the full backing of the home crowds. They have turned up in their thousands and have played their part in cheering Team Scotland on to personal bests and a record number of medals.
"With half of the Games still to go it is very likely that Scotland's medal avalanche will continue.
"Team Scotland of the Glasgow Commonwealth Games have set the bar for Scotland teams of the future and their phenomenal achievements will have a fantastic knock-on effect for the next generation of young Scots athletes."
Louise Martin, chair of sportscotland, thanked athletes for "a week to remember".
She said: "It has been an incredible effort by everyone involved with Team Scotland to have set a new record for Games medals by only the sixth day of competition.
"Our men gymnasts will go down in history as the athletes who delivered the record-breaking medal, but it has been a real team effort over many years.
"There is no substitute for hard work and meticulous preparation. Thanks to the work done by experts at the sportscotland institute of sport, the coaches and Team Scotland support staff, we knew that this was the best-ever prepared Team Scotland for what is being increasingly recognised as the best-ever Games."
Malcolm Roughead, chief executive of VisitScotland, said: "Scotland is not only experiencing a gold rush in terms of sport, a surge of additional visitors to Glasgow as a result of the Games presents a golden opportunity for tourism too. The atmosphere in Glasgow is incredible and that's largely due to the people.
"The most important ingredient of Scottish tourism is our people. It's the warmth of our welcome that encourages people to visit, and come back and see us time and time again."