Industrial and Commercial Bank of China, Bank of China, China Construction Bank, China Minsheng Bank, issue risk warnings

Gold and precious metal prices have been fluctuating sharply in recent times. Multiple banks, including Industrial and Commercial Bank of China, Bank of China, China Construction Bank, and China Minsheng Bank, have issued risk warning announcements for the precious metals market.

The announcements state that recent fluctuations in domestic and overseas precious metals prices have further intensified. Customers are advised to enhance their risk awareness, make rational investments based on their own financial conditions and risk tolerance, and reasonably control their positions.

Industrial and Commercial Bank of China: The bank advises investors to stay calm and make rational investment decisions, fully assess their own risk tolerance, and avoid blindly chasing rallies or selling off driven by short-term market sentiment. From the perspective of long-term asset allocation, the bank recommends that investors follow the principles of “controlling total allocation, entering in batches, and adopting a diversified layout,” and smooth out the risk of phase-based price volatility by extending the investment horizon to build a more stable asset portfolio.

Bank of China: The bank advises investors to take precautions against market risk and conduct rational investments based on their own financial conditions and risk tolerance, with a reasonable control of their precious metals positions. It also notes that by investing over the long term, investors can reduce the impact of interim price fluctuations and guard against the risk of funding losses caused by market volatility.

China Construction Bank: The bank advises investors to improve their risk prevention awareness for precious metals businesses. Based on their own financial conditions and risk tolerance, investors should make rational and steady investments, with balanced and appropriate allocation to precious metals, and reasonably control their positions, while avoiding blind follow-the-crowd actions. At the same time, please promptly monitor your holdings and changes in the margin balance to mitigate the risks in the precious metals market.

China Minsheng Bank: The bank advises investors to pay attention to market risk and enhance their risk prevention awareness, and to reasonably control their positions based on their financial conditions and risk tolerance, and make rational investments.

Tian Lihui, a professor of finance at Nankai University, analyzes that the current volatility in the precious metals market has gone beyond the scope of normal pullbacks, entering an abnormal stage characterized by high intensity and high uncertainty. Ordinary investors are more suitable for making long-term allocations through unleveraged methods such as accumulating gold and gold ETFs.

Source of content: CCTV News

Edited by: Yang Jingyi Gu Minyi

Proofread by: Zhu Hao

Responsible editor: Fang Hao

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