Precious metals markets have been active recently. Gold just broke through the $4,600 mark to hit a new all-time high, and there are voices in the market calling for a target price of $5,000. Interestingly, this target price is less than 10% above the current level, which sounds like a hint — we are only at the beginning of the story.

The data is clear. Over the past year, gold has increased by 64%, which is no small fluctuation. If this market trend continues at last year's pace, the once seemingly impossible figure of $7,000 could turn from a prediction into reality. As a traditional asset class, precious metals often reflect market expectations of the macro environment. When gold keeps reaching new highs, it usually indicates collective bets on liquidity, exchange rates, or geopolitical changes.

Whether for traditional asset allocation or monitoring Web3 market trends, understanding the movement of precious metals can help us better grasp the overall pulse of the financial markets.