Precious metals just delivered a power move. Gold surged to its highest level in six weeks, fueled by mounting expectations that central banks might pivot toward rate cuts sooner than anticipated. Meanwhile, silver stole the spotlight—smashing through to an all-time record high.

The rally signals shifting investor sentiment as markets price in potential monetary easing. With inflation concerns cooling and economic data softening, traders are betting that tighter policy cycles may be nearing their end. This flight to safe-haven assets could have ripple effects across risk markets, including crypto, as liquidity dynamics shift.

Both metals are now flashing bullish technicals. Whether this momentum sustains depends heavily on upcoming central bank signals and macro data releases.