Gold and silver prices surged to record highs, with gold nearing ,600 and silver hitting 0 per ounce, driven by geopolitical tensions and inflationary pressures. The US Dollar Index weakened further amid central bank rate holds, while the S&P 500 index showed mixed performance. WTI crude oil climbed to a four-month peak due to Middle East tensions. The Federal Reserve and Bank of Canada maintained interest rates as expected, but market volatility persists amid Trump's Iran military escalation.