On the evening of October 10, global capital markets were thrown into chaos under multiple negative shocks. The US stock market lost over 1 trillion yuan in market value in a single day, with the Dow Jones index plummeting by nearly 880 points. The dollar index, oil prices, and digital currencies all tumbled simultaneously; yet amid this wave of asset crashes, gold defied the trend, with London spot gold prices surging past $4,017 per ounce, proving its resilience and confirming the market’s judgment of “unplugging the downward key.”“The Western world’s move to freeze Russian assets after the Russia-Ukraine conflict is…
