Weaponizing gold self-harming addition to US' systematic containment calculations: China Daily editorial chinadaily.com.cn | Updated: 2026-08-20 20:23

https://www.chinadaily.com.cn/a/202608/20/WS6a86f1bfa3106bc57421c9cb.html Gold has long been the ultimate hedge against political folly. Now it is becoming such folly's collateral damage. Washington's decision to place three Chinese gold companies on its so-called "Uyghur Forced Labor Prevention Act Entity List", followed by the London Bullion Market Association's suspension of their Good Delivery status, is a test of whether the United States can weaponize the financial system without ultimately weakening the system itself.