华泰证券指出，2022年后逆全球化趋势加速，全球央行及金融机构正持续推进资产再配置，持续增配黄金已成为金价中长期上行的核心基石；若地缘冲突常态化并加速全球“去美元化”进程，黄金定价逻辑或将由实际利率主导逐步转向信用风险对冲框架，中长期金价上行空间可观。
Smaller table on the right. For hash-based joins (the default), ClickHouse builds an in-memory hash table from the right-hand side. Placing the smaller table on the right minimizes memory usage. ClickHouse's query planner can automatically reorder join tables when it determines a better ordering, but understanding this principle remains important.
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