Precious metals just hit significant milestones—gold peaked at $4,600 while silver also reached fresh highs. The move reflects a classic risk-off sentiment: uncertainty around Federal Reserve policy and ongoing investigations into monetary governance are pushing capital toward traditional hedges. When macro instability spikes, gold and silver typically absorb flows from investors seeking shelter. This pattern reminds us how geopolitical and policy noise reshapes asset allocation across commodities and traditional safe havens.