Alchemical symbolism occupies a central and contested position within the depth-psychology corpus. Jung’s sustained engagement with alchemy — documented across Psychology and Alchemy, Alchemical Studies, and Mysterium Coniunctionis — established the foundational claim that alchemical imagery externalizes unconscious psychic processes, transforming what appeared to be pre-scientific chemical fantasy into a reservoir of projected individuation symbolism. Edward Edinger extended this framework clinically, reading operations such as calcinatio, solutio, and coniunctio as direct maps of psychotherapeutic process. James Hillman complicated the Jungian inheritance by insisting on the autonomy of alchemical images — treating color sequences, nigredo, rubedo, and the philosophical work not as symbols to be decoded but as irreducible psychological realities in themselves. Marie-Louise von Franz emphasized that alchemists, with rare exceptions, did not themselves recognize that their theoria encoded inner experience, making the psychological reading a retrospective hermeneutic accomplishment. The philosophical tree, the Stone, the coniunctio, Mercurius, and the opus as a whole are read across this literature as symbolic constellations pointing toward wholeness, the Self, and the reconciliation of opposites. A secondary strand, visible in Daoist inner-alchemy scholarship (Kohn) and Sufi-inflected readings (Vaughan-Lee), places these Western symbols in cross-cultural dialogue. The persistent tension across all these voices is whether alchemical symbolism is a mirror of psychological structure or possesses its own autonomous imaginative logic.