Gold, silver strength represents flight from currencies, says Sri-Kumar Global's Komal Sri Kumar

分组1 - The current market dynamics indicate a significant interest in gold and precious metals, suggesting a shift in investor sentiment towards these assets as a hedge against inflation and currency instability [2][3][4] - The Federal Reserve's outlook is characterized by a potential pause in interest rate changes, with expectations of cuts beginning in mid-2026, influenced by political pressures and the composition of the Federal Open Market Committee [7][8][10] - There is a prevailing belief that the Federal Reserve may lack independence in its decision-making, leading to a higher likelihood of rate cuts despite economic indicators [9][12][14] 分组2 - Consumer sentiment reflects expectations of a 5-year forward inflation rate remaining high, between 3.5% to 4%, indicating ongoing concerns about inflation among the public [6] - The market is currently experiencing confusion regarding the Federal Reserve's future actions, with a split in opinions on whether the Fed should cut rates, which could lead to volatility in financial markets [13][14]