US Stock Market Move | Market risk aversion sentiment erupts, Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY.US) rises more than 3%.

On Tuesday, Putin approved the new version of the basic policy of a nuclear deterrence state, triggering a surge in market risk aversion sentiment. Gold stocks strengthened, with Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY.US) and Gold Fields Limited Sponsored ADR (GFI.US) rising by over 3%, and Anglogold (AU.US) rising by over 2%. Russian President Putin signed a presidential decree on the 19th, approving the updated "Basic Policy of the Russian Federation for Nuclear Deterrence State". The order took effect on the same day. The Russian President's website released the related documents signed by Putin. The documents stated that Russia considers nuclear weapons as a deterrent, and the use of nuclear weapons is a measure taken under extreme circumstances. Russia will make every effort to reduce nuclear threats and prevent military conflicts, including nuclear conflicts, caused by tensions in international relations. Against the backdrop of various "uncertainties" such as politics in GEO Group Inc, the Federal Reserve lowering interest rates, and concerns about the US economic outlook, the price of gold broke through the $2000 per ounce mark, continuously setting new historical records and reaching the highest level of $2790 per ounce this year, seemingly heading towards $3000 without looking back.