Gold Gold just smashed through $4,900, hitting an all-time high of $4,980 per ounce, fueled by Fed rate cut bets, a weaker dollar, and geopolitical chaos. Silver also exploded, setting a new record at $96.58/oz, while platinum jumped 4.6% to an all-time high of $2,601.03. Palladium joined the rally, now up 3.3% to $1,900.59, as safe-haven flows spread across precious metals.
