Gold surges to its highest in over three months as a weaker U.S. dollar and Treasury bond-buying keep yields low—fueling a potential 15% monthly gain and sparking silver’s rise too. All eyes now turn to Fed Chair Warsh’s Jackson Hole speech: a hawkish stance could stall the rally, but a dovish surprise might ignite even bigger gains by reigniting fears over the dollar and U.S. debt.

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