Gold's reaction to current bond yields

It's interesting watching $MGC hover around 272.04 with those persistent whispers about sticky inflation, even as bond yields remain stubbornly high. You'd think with the dollar showing some strength, gold would be taking more of a hit, but it seems to be finding a floor. Makes me wonder if the market is already pricing in a dovish pivot later this year, or if there's just enough geopolitical angst to keep the safe-haven bid alive. Still keeping it on the watchlist for a break above 273.64, but not holding my breath.