Gold and silver hit new all-time highs after Fed Chair Jerome Powell warned of threats from the Trump administration. Gold futures rose above $4,600 per ounce, silver above $84 per ounce. The move comes as the US dollar weakened and equities dropped. Precious metals have been on a winning streak amidst geopolitical turmoil. Central banks are buying gold at record levels, surpassing US Treasuries holdings. Silver has outperformed gold, with China restricting exports. Analysts warn of a potential correction in silver prices. Overall, gold and silver are seen as safe haven assets amid global uncertainty.

Read more at Yahoo Finance: Gold, silver surge as ‘assault on Fed’ sparks rush to precious metals