A recent sudden geopolitical turmoil has directly ignited a rally in global safe-haven assets. Following the announcement of U.S. military actions, the gold market responded immediately—spot gold prices surged past $4,380 per ounce, with a single-day increase of over 1.3%. Silver performed even more strongly, rising nearly 2% in one day. This wave of market movement can be summed up in one word—fast, precise, and aggressive.

This is not accidental. Whenever geopolitical situations change, capital reactions follow a well-known pattern: first, rush to safety. Traditional safe-haven assets like gold and silver are the "safe places." Once the news breaks, buying frenzy ensues instantly.

Interestingly, this time the market reaction showed clear differentiation. The crude oil market did not follow the usual pattern of "war premiums"; instead, it appeared somewhat subdued due to expectations of global oversupply. The logic behind this is simple: Venezuela's current oil production accounts for less than 1% of the global total, and key oil facilities have not been damaged, so there is no real risk of supply shortages.

This differentiated response precisely indicates that market participants are becoming increasingly smart. They no longer blindly increase positions in safe-haven assets upon seeing conflict but instead conduct in-depth analysis of the actual impact of events. Geopolitics remains important, but specific circumstances require specific analysis—this has become the consensus of mature markets.