Precious metals are kicking off the year with some serious momentum. Gold, silver, copper, and tin have all smashed through record highs, signaling strong investor appetite for these hard assets. What's driving the rally? The market's banking on a combination of expectations for more rate cuts from the Fed and signs of economic recovery picking up in China. With global uncertainty still hanging around, commodities look increasingly attractive to traders hedging their bets. Whether this momentum can sustain depends largely on how Fed policy unfolds and whether China's economic stimulus measures deliver the expected boost.