Bond market yields have risen sharply, and long-term yields are still at a high level, raising the opportunity cost of holding interest-free assets. The benefits of compounding the previous increase in gold prices have come to an end. Yesterday, gold showed a clear adjustment. Pay close attention to trends in the bond market and changes in interest rates in the short term. Considering that it is difficult for bond market yields to continue to rise sharply, there is a high probability that gold will remain high and fluctuate in the short term.

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