Gold Near Records, Silver Looks “Too Hot”: What Happens Next | Market Monday

This week on Market Mondays, we break down what the Fed’s latest cut really means, why markets initially rallied but momentum faded, and how AI-driven productivity hopes are now embedded in forecasts and valuations. We preview key US jobs and inflation data, UK CPI and PMIs, plus major central bank decisions from the BOE, ECB, and BOJ. Finally, we review gold’s textbook uptrend, silver’s speculative surge, and what to watch next across markets.

00:00 Intro + risk warning
01:33 What’s on this week (Fed, AI valuations, data, central banks)
02:39 Fed recap: why it looked dovish… and why it also looked hawkish
06:08 The hidden assumption: productivity + AI in Fed forecasts
08:32 Why stocks struggled post-Fed + valuation ceiling
10:55 Rotation: cyclical/small caps vs tech leadership
13:58 Big week ahead: PMIs, UK & US data, central bank line-up
16:21 US jobs + inflation: what could shift rate-cut expectations
18:46 CPI vs PCE and why “3%” matters
22:34 2026 theme: policy divergence (BOE cuts, BOJ hikes, ECB holds)
26:29 Q&A: oil, nat gas, geopolitics risk premium
30:22 Gold outlook: trend, drivers, record-high setup
32:28 Silver outlook: speculative move + industrial supply story
34:44 Wrap up

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