"Gold Surges to 6-Month High, Anticipates New Record"

Gold and silver prices rally to six-month highs, supported by less-hawkish "Fed-speak," bullish technical postures, and a weakening U.S. dollar index. There is a strong belief that gold will reach a new record high in the coming weeks. The U.S. dollar index hits a 3.5-month low, while crude oil prices rise ahead of an OPEC-plus meeting where another cut in production is expected. Technical indicators show that both gold and silver have the overall near-term advantage. Copper prices also close higher, maintaining an uptrend.