"US bond interest rate anchor fails" Gold pricing logic shifts

In the past three weeks, the international gold price has broken through several key resistance levels, once reaching the $3500 per ounce mark. At the same time, US bond yields have also risen, causing global investors to reexamine the pricing logic of gold. Industry experts state that the declining credibility of the international monetary system and the demand for de-dollarization are driving the restructuring of the gold pricing framework, with central bank gold purchases in emerging markets becoming a key driving force.