Markets reacted to the Fed’s rate cut announcement this week. Gold broke above $3,700 twice before settling down at $3,660. Silver saw a 1.5% gain but did spike upwards nearly 5%. In other market news, the S&P 500 locked in a new all-time high and the dollar index dropped down to its weakest level since 2022. With an ever-weakening dollar and central banks gold demand remaining strong, the U.S. continues to stand on the sidelines. Thanks for listening.
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