Over the past two weeks, both precious and industrial metal prices have experienced strong gains, driven by the policy tailwinds of major central banks, particularly the Federal Reserve (Fed) and the People’s Bank of China (PBOC). Gold repeatedly reached new highs, with spot gold rising by €90 per ounce as of Thursday’s close, or 4% since 18 September, when the Fed delivered a significant 0.5% rate cut last week. Similarly, spot silver surged 5% to €28.64 per ounce during the same period. In dollar terms, silver soared to a 12-year high of $32.71 per ounce before retreating. Furthermore, China…