Core Viewpoint - The global financial markets are experiencing a downturn, while gold and silver are rising, indicating that gold remains the only universally recognized safe-haven asset during times of risk [1][2]. Market Performance - Major indices in China, including the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index, all reported declines, with the Shanghai Composite Index down by 0.94% to 3897.03 and the Shenzhen Component Index down by 2.70% to 13355.42 [3]. - In the U.S., the Dow Jones Industrial Average fell by 1.90% to 45479.60, marking significant losses across major indices, including the Nasdaq and S&P 500, which experienced their largest single-day declines since April [4]. Gold Market Analysis - Following a drop in gold prices, it was noted that this was merely a correction, with expectations for a continued upward trend, supported by key price levels [6][8]. - The recent surge in gold prices is attributed to global economic downturns, trade tensions, and increasing government debt, with predictions suggesting that gold could rise to $7000 per ounce before the end of the current U.S. administration [10]. - The current global debt is approximately $340 trillion, and if gold were to be linked to this debt, the potential price could reach $48959 per ounce, indicating significant upside potential [10]. Silver Market Analysis - Silver has recently shown strong performance, breaking above the historical resistance level of $50, with expectations for a continued bull market potentially reaching $100 [14]. - The recent volatility in silver prices suggests that while the bullish trend is strong, there may be significant price corrections ahead as the market adjusts [13].