Core Insights - Recent international gold prices have surged, breaking historical highs, reflecting profound changes in the global economic landscape [1] Market Dynamics - Central banks globally have significantly increased their gold reserves, with 2022 marking a 55-year high in gold purchases by various countries, directly boosting gold demand [1] - Heightened geopolitical risks and fluctuations in the credibility of the US dollar have led investors to favor gold as a primary safe-haven asset [1]