Gold prices have steadied around $4,585 per ounce, following a notable surge driven by growing concerns over the Federal Reserve's independence and monetary policy direction. The recent rally reflects investors' broader anxiety about potential shifts in the Fed's institutional autonomy and decision-making flexibility, which carries significant implications for long-term interest rate trajectories and dollar strength. This uncertainty has pushed safe-haven demand higher, benefiting bullion markets despite fluctuating economic signals. Major mining and materials stocks tied to precious metals and natural resources have tracked these moves closely, as market participants reassess portfolio positioning amid evolving macro conditions. The interplay between Fed policy expectations and commodity valuations remains a key driver, with traders closely monitoring statements and inflation data for clues about future rate decisions and their ripple effects across asset classes.