What is thyroid gland? The thyroid gland is a butterfly-shaped gland located in the middle of your neck. The thyroid gland produces two major hormones: thyroxine (T4) and triiodothyronine (T3). T4 is produced in a more abundant quantity. Both hormones play an essential role in regulating and balancing body metabolism. What is hyperthyroidism/thyrotoxicosis/overactive thyroid? Hyperthyroidism…