Global Markets Mixed: Wall St Sets Record, Gold & Silver Soar Ahead of Fed Decision

• European shares declined while Asian markets showed mixed results; South Korea's Kospi hit a record high.
• Gold prices surged 3.9% to USD 5,279.30 and silver jumped 6.7% to USD 112.69, driven by investors seeking safe-haven assets.
• The US Federal Reserve is expected to hold interest rates steady, with future cuts anticipated later in the year.
• The dollar weakened against the yen and other currencies, reaching its lowest point against a basket of currencies since 2022.
• US consumer confidence dropped to its lowest level since 2014, even below COVID-19 pandemic levels.

Why It Matters: Global markets are mixed with record highs on Wall Street, soaring precious metals, and a weakening dollar.