Gold jumps above $5,500 as weak dollar is 'supercharging' rally

Group 1: Gold Market Dynamics - Gold futures surged above $5,500 per ounce as the Federal Reserve maintained steady interest rates, with a weaker dollar driving investors towards hard assets [1] - Year-to-date, gold prices have increased over 20% due to the dollar's decline against other currencies, with experts noting that dollar weakness is significantly boosting gold prices [2] - Geopolitical tensions and strong central bank demand are contributing to the rally in gold, as investors seek to protect purchasing power from eroding fiat currencies [4] Group 2: Other Precious Metals - Silver prices reached as high as $116 per ounce, marking a roughly 50% increase since the beginning of the year, driven by strong demand from China and export restrictions [5] - Platinum prices are near record highs, having gained 29%, while copper prices remained steady after surpassing $13,000 for the first time in London [6]