Group 1 - The central bank's gold reserves have reached a historical high, indicating a long-term strategic focus rather than short-term market reactions [1][2] - Gold serves as a crucial stabilizer in the national reserve system, complementing foreign exchange reserves and special drawing rights, due to its unique properties [2][3] - The continuous increase in gold reserves by central banks reflects a systematic hedge against the declining trust in the US dollar and the need for asset protection amid inflationary pressures [2][3] Group 2 - The current "gold rush" differs structurally from historical bull markets, with multiple central banks, including those from Russia and India, systematically increasing their gold holdings [3] - The rise of digital currencies and blockchain technology is reshaping the traditional monetary system, providing a new context for gold's value [3] - The participation in the gold market has broadened significantly, with retail investors and various financial instruments contributing to increased liquidity and price volatility [3]