During Asian morning trading, international spot gold strengthens as the US dollar index and US Treasury yields decline in tandem, enhancing the allocation value of non-interest-bearing precious metals and driving capital inflows back to the gold market.

As of Asian morning trading, spot gold rallied 0.8% in the short term, trading at $4444.07 per ounce. Declining US Treasury yields lower the opportunity cost of holding gold, while a weaker US dollar reduces purchasing costs for overseas buyers, with both factors providing concurrent support for gold prices.

Market expectations regarding Federal Reserve monetary policy remain uncertain, with US Treasuries and the US dollar driving gold's short-term momentum. Subsequent attention should be paid to changes in both to assess the sustainability of the gold price rebound.