Gold experiences a sudden flash crash! Turkey plans to deploy $135 billion in gold reserves to exchange for foreign currency in order to stabilize the lira, causing a sharp increase in selling pressure in the London market, with gold prices dropping $70 within a minute. This decline is mainly due to short-term liquidity panic, and the core logic of safe-haven demand and central bank gold purchases remains unchanged. However, if large-scale selling is confirmed, gold prices will still face downward pressure in the short term.

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