Fed Restarts QE as Gold Rallies and Silver Soars

The U.S. Federal Reserve cut rates to 3.50%–3.75% and announced $40B per month in Treasury bill purchases, effectively restarting quantitative easing.

Markets reacted fast:

Gold surged above $4,300

Silver jumped past $64/oz, hitting new all-time highs

The U.S. dollar fell to a six-week low, boosting demand for hard assets

Looser financial conditions, rising U.S. deficits, and expectations of further rate cuts are strengthening the case for precious metals. Central banks are increasing gold holdings, while a new gold-backed BRICS currency adds to long-term bullish sentiment.

Bottom line: Easy money is back—and gold and silver are leading the rally.

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