Geopolitical Risks Fuel Bullion Rally: Gold Nears $5,000, Silver Breaks $100

• Geopolitical tensions, including Trump's Greenland stance and US-Iran friction, drove market turbulence and record bullion prices.
• Comex gold surged over 8% to nearly $4,990/troy ounce, while silver broke $100/ounce, reaching over $103, marking all-time highs.
• The Dollar Index fell to a September 2025 low of 97.42 amidst volatility, despite strong US economic data suggesting no immediate Fed easing.
• Base metals saw mixed performance; nickel climbed over 6% due to supply concerns, copper advanced 2%, but lead slipped.
• WTI crude oil rebounded to $61.4/barrel after new US sanctions on Iranian oil, with Strait of Hormuz risks remaining high.

Why It Matters: Geopolitical instability and a weaker dollar are driving record bullion prices, while other commodities show mixed trends.