Gold, silver, and copper are experiencing a powerful speculative surge driven by global capital flows, geopolitical shifts, and declining confidence in the U.S. dollar.

The S&P 500 settled lower on Thursday as Microsoft shares sold off amid slowing cloud growth and soft margin guidance, which triggered a triple-digit loss for the tech-heavy Nasdaq as software stocks struggled.

Gold pulls back from record highs as traders take profits after a steep, parabolic rally.