Metals are surging again because investors are grappling with a Federal Reserve that is signalling caution rather than conviction. November’s US labour data showed unemployment rising to 4.6%, the highest level since 2021, while job creation slowed sharply compared with earlier in the year. Yet inflation remains elevated enough to keep policymakers hesitant. That mix of slowing growth and unresolved price pressures has reignited demand for precious metals as a hedge against policy uncertainty. Silver’s rally to record highs near $66.50 per ounce and platinum’s sharp breakout above long-term resistance reflect more ... (full story)