I remember the day gold and silver crashed, which was exactly when Trump introduced Walsh to take office. The rate cut and quantitative tightening, especially the QT, had a significant impact. The content in my previous link (comments on the gold-dollar link) might indicate the direction of movement for these major asset classes.

Even if interest rates are cut, the US dollar won't necessarily fall. Conversely, once gold rises to a certain level, it may also trigger a liquidation/correction. It needs to be viewed with reasonable allocation.