Gold just reached an all-time high, riding on a weaker dollar after fresh US economic data showed the job market holding up and consumers still spending. When the dollar softens, commodities like gold tend to strengthen since they become cheaper for international buyers. The resilience in employment numbers and consumer activity suggests the US economy isn't cooling as fast as some feared, which keeps the Fed in a tricky spot—managing inflation without crushing growth. This dynamic matters for crypto investors watching macro trends, since dollar weakness often correlates with increased risk appetite across alternative assets.