Market Overview - On February 2, 2026, London spot gold opened at $4685.99 per ounce, down over 4.2%, with a daily low of $4583.077 per ounce. London spot silver opened at $82.887 per ounce, down over 2.7% [1][2][3] - Domestic precious metal futures prices opened lower, with Shanghai silver futures hitting the limit down, Shanghai gold futures down over 10%, platinum futures limit down, and palladium futures down over 15% [3][4] Price Adjustments - The Shanghai Gold Exchange announced adjustments to the margin levels and price limits for silver contracts due to significant price volatility. If a one-sided market occurs, the margin level will increase from 20% to 26%, and the price limit will change from 19% to 25% [4] - Domestic brand gold jewelry prices have adjusted downwards, with Chow Sang Sang's gold jewelry reported at ¥1484 per gram, down from ¥1618 per gram [5][6] Consumer Behavior and Refund Policies - Sales personnel at gold brand counters have stated that returns will not be accepted due to price drops, with a standard deduction of ¥500 for any return [7] - Online return policies vary, with most platforms not accepting returns for investment gold products. Some brands allow returns within 24-48 hours under specific conditions, while others charge a fee of 1%-5% for returns [9][11][12] Risk Management by Financial Institutions - Several banks, including ICBC, ABC, BOC, and CCB, have issued announcements adjusting their gold accumulation business and providing risk warnings due to significant price fluctuations in precious metals [17][19][22][26] - ICBC has raised the minimum purchase amount for gold accumulation from ¥1000 to ¥1100 and adjusted business rules for gold accumulation starting February 7 [20][21]

Core Viewpoint - Recent fluctuations in gold prices have prompted major banks in China to adjust their gold-related business operations and issue risk warnings to clients [1] Group 1: Bank Responses - Industrial and Commercial Bank of China (ICBC) has issued a risk warning advising clients to assess their risk tolerance and maintain a rational investment mindset amid significant price volatility in precious metals [3] - Agricultural Bank of China (ABC) has increased the margin requirement for certain gold contracts from 44% to 60% and emphasized the need for clients to control their positions and trade rationally [5] - Bank of China (BOC) has highlighted the uncertainties in the precious metals market and advised clients to manage their holdings carefully to mitigate potential losses from price fluctuations [7] - China Construction Bank (CCB) has raised the minimum investment amount for its gold accumulation business to 1500 yuan, urging clients to enhance their risk awareness and manage their positions effectively [9] - Both Bank of Communications and Postal Savings Bank have also issued announcements regarding adjustments in margin requirements for gold trading, with the latter increasing the margin from 80% to 120% for certain contracts [11] Group 2: Market Outlook - The international gold market has experienced significant volatility, with experts warning that investors need to possess adequate risk tolerance due to the increased short-term risks associated with high gold prices [12]

二、中国建设银行应要求上述核准任职资格人员严格遵守金融监管总局有关监管规定，自中国建设银行 政许可决定作出之日起3个月内到任，并按要求及时报告到任情况。未在上述规定期限内到任的，本批 复文件失效。 三、中国建设银行应督促上述核准任职资格人员持续学习和掌握经济金融相关法律法规，牢固树立风险 合规意识，熟悉任职岗位职责，忠实勤勉履职。 2026年1月27日，深圳金融监管局发布批复称，《中国建设银行（601939）深圳市分行关于杨树任职资 格核准的请示》（建深报〔2025〕272号）收悉。经审核，现批复如下： 一、核准杨树中国建设银行股份有限公司前海分行副行长的任职资格。 ...

据智通财经报道，现货白银周一盘初跌幅扩大至5%，报79.4美元/盎司。 现货黄金跌1.4%。 | 月 | રસ્ત્ર | 1 ટસ્ટે | 30分 | ୧୦સ્ત્ર | 4时 | 日 | 周 | | --- | --- | --- | --- | --- | --- | --- | --- | | 开:4832.91 高:4940.59 低:4772.39 收:4936.14 | 5678.77 | MA5: 4759.37 MA10: 4673.20 MA20: 4547.11 | | | | | | | 5550.42 | | | | | | | | | 5422.07 | | | | | | | | | 5268.06 | 5165.38 | | | | | | | | 5037.03 | | | | | | | | | 4908.69 | 4808.34 | | | | | | | | PARTY CARD | | | | | | | | | 4651.99 | | | | | | | | | 4523.65 | | | | | | | | | 4395.30 | | | | | | | | | ...

Market Overview - The precious metals market experienced extreme volatility, with international gold prices plummeting from historical highs, leading to significant impacts on domestic futures, stocks, funds, and consumer markets [1] - On January 30, international gold prices fell sharply, losing over 11% in a single day, while silver prices dropped by 31.37%, marking the worst single-day performance since March 1980 [1] - Weekly performance showed a cumulative decline of 4.71% for gold and 22.50% for silver [1] Price Movements - Domestic gold prices also saw a significant drop, with the Shanghai Gold Exchange spot gold price falling to 1070.01 RMB per gram, a decrease of around 10% [3] - Major brands adjusted their gold jewelry prices from over 1700 RMB per gram to between 1500-1600 RMB per gram [3][4] - For instance, Chow Sang Sang reported a drop in the price of its gold jewelry from 1708 RMB to 1618 RMB per gram within two days [3] Consumer Behavior - Following the price drop, there was a surge in consumer interest in purchasing gold, particularly in Shenzhen's Shui Bei market, where prices fell below 1200 RMB per gram [6] - Many consumers expressed that buying gold now is significantly cheaper compared to previous days [6] Investor Reactions - Investors are increasingly concerned about further declines in precious metal prices, leading many to sell gold and silver items to cash out [10] - Reports indicated that some businesses experienced a rapid decline in gold buyback prices, with a drop from 1142 RMB to 1081 RMB per gram in just one day [10] - The volatility in gold prices has led to a cautious approach among investors, with many hesitating to sell due to fears of missing potential price recoveries [10] Market Supply Dynamics - Some suppliers in Shenzhen's Shui Bei market reported shortages of gold bars, attributing this to the recent price drop and the reluctance of suppliers to sell at lower prices [12] - Suppliers indicated that they are not willing to sell gold bars during such volatile conditions, leading to a decrease in available inventory [12] Banking Sector Adjustments - Several major banks, including ICBC, ABC, and CCB, have adjusted their gold investment services in response to the market volatility, issuing risk warnings to investors [14][16] - ICBC announced changes to its gold accumulation business, including limits on transactions during non-trading days [15] - CCB raised the minimum amount for personal gold accumulation to 1500 RMB, reflecting the increased market risks [16][19]

Core Viewpoint - Recent fluctuations in gold prices have prompted major banks to take urgent measures to control risks associated with gold-related businesses [1] Group 1: Bank Responses - Industrial and Commercial Bank of China (ICBC) issued a risk warning on February 1, advising clients to maintain a rational investment mindset and avoid impulsive trading due to significant price volatility [2] - Agricultural Bank of China (ABC) announced an increase in margin requirements for gold trading contracts from 44% to 60% starting January 30, emphasizing the need for clients to manage their positions carefully [3] - Bank of China (BOC) highlighted the uncertainties in the precious metals market and urged clients to conduct transactions based on their financial status and risk tolerance [4] - China Construction Bank (CCB) raised the minimum investment amount for gold accumulation business to 1500 yuan, advising clients to enhance their risk awareness amid increased market volatility [5] - Bank of Communications and Postal Savings Bank also issued trading alerts, with the latter increasing margin requirements for various gold contracts from 80% to 120% [6] Group 2: Market Outlook - The chief economist of Zhaolian emphasized the need for investors to have appropriate risk tolerance amid increased short-term volatility in gold prices, while the long-term upward trend in gold prices remains intact [7]

北京时间2月2日早间，现货黄金、白银大跳水，现货白银日内跌幅扩大至10%，报76.89美元/盎司。现货黄金向下跌破4700美元，日内下跌3.33%。 31日，国内黄金饰品价格继续回调。周生生官网发布数据显示，足金饰品报1618元/克，该店于29日足金饰品报1708元/克，两日跌去90元/克。 黄金价格大跌，多品牌设置退货手续费 在过去几天，现货黄金价格经历了"过山车"般的行情，受金价下跌影响，国内品牌金饰价格相应回调。 老庙黄金官网发布数据显示，足金饰品报1546元/克，该店于29日足金饰品报1706元/克，两日跌去160元/克。 而线上方面退货规则相对复杂，不同平台和品牌有所区别。大多数平台和品牌都不接受投资金类产品如金币、金条的退货；针对黄金首饰，部分品牌提出 了签收后24-48小时内退货的限制（需不影响二次销售）。 面对市场波动剧烈可能产生的摇摆心理，部分品牌/平台设置了相关退货规定：生成物流单号/发货后再退款，需扣除订单金额1%-5%的手续费及快递运保 费。部分品牌则表示，金条付款成功后15分钟内可申请退款，逾期将直接拒绝退款。 记者发现，有黄金品牌柜台销售人员在社群中发布声明称：不能因为金价降了就要 ...

大家早上好！这里是今天的早报，每天早上，我都会在这里跟你聊聊昨夜今晨发生了哪些大事儿。 昨夜今晨 【特朗普称希望与伊朗达成协议】 据央视新闻，当地时间2月1日，美国总统特朗普在海湖庄园回答记者有关伊朗问题时表示，希望能够达成协 议。 当天早些时候，伊朗外长阿拉格齐表示，伊朗对与美国就核问题达成协议仍然有信心。他说，通过地区友好国 家进行的信息沟通正在推动双方接触，并称相关谈判是富有成效的。 阿拉格齐重申，伊朗希望美方解除长期制裁，同时尊重伊朗在和平利用核能框架下继续进行铀浓缩的权利。 【马斯克大动作！SpaceX上市最新消息】 据央视财经援引路透社报道，美国太空探索技术公司也就是SpaceX，于本周五向美国联邦通信委员会提交申 请，计划发射多达100万颗卫星，以打造"轨道数据中心"。与此同时，近期频繁传出消息称SpaceX公司正考虑 IPO。外界猜测，通过此举，SpaceX的在轨数据中心将为xAI输送庞大算力。市场正密切关注企业家马斯克推 进太空算力布局的最新动态。 彭博社也曾披露，SpaceX或将与特斯拉公司合并的消息。这一路径的设想是，特斯拉制造储能系统的能力可 帮助SpaceX在太空利用太阳能运行这些数 ...

Core Viewpoint - The recent sharp decline in gold and silver prices has sparked significant market discussion, primarily driven by expectations of a hawkish policy from the newly appointed Federal Reserve chairman, alongside profit-taking and liquidity issues in the market [1][3]. Group 1: Price Movements - On January 31, spot gold prices fell by 12.92%, dropping below $4,700 per ounce to a low of $4,695, marking the largest single-day decline since April 1980 [1] - Spot silver prices experienced a dramatic drop of up to 36%, reaching a low of $77.7 per ounce, the largest single-day decline since February 1983 [1][2]. - The closing price for spot gold was reported at $4,894.49 per ounce, reflecting a decline of over 9%, while spot silver closed at $84.63 per ounce, down nearly 27% [2]. Group 2: Market Reactions - Following the price drop, several banks, including ICBC and CCB, issued risk warnings and adjusted their gold investment services, advising investors to assess their risk tolerance and maintain a rational investment approach [4][5]. - Major jewelry brands have also adjusted their gold prices, with many returning to the range of 1,500-1,600 yuan per gram, reflecting the international price drop [2]. Group 3: Future Outlook - Analysts from China International Capital Corporation (CICC) remain optimistic about the long-term prospects for gold, suggesting that the bull market may not be over despite the recent volatility [3]. - The core reasons for the recent decline include signals from the Federal Reserve regarding delayed interest rate cuts and personnel changes, leading to panic selling [3]. - The long-term support for gold prices is expected to come from continued central bank purchases, anticipated rate cuts by the Federal Reserve, and geopolitical risk factors [3].

Core Viewpoint - Recent fluctuations in gold prices have prompted major banks in China to adjust their gold-related business operations and issue risk warnings to clients [1][3][4]. Group 1: Bank Announcements - The Industrial and Commercial Bank of China (ICBC) has issued a risk warning, advising clients to assess their risk tolerance and adopt a rational investment approach amid significant price volatility in precious metals [1]. - Agricultural Bank of China (ABC) has increased the margin requirement for gold trading contracts from 44% to 60%, effective January 30, and has implemented stricter risk assessment measures for clients engaging in gold accumulation transactions [3]. - China Construction Bank (CCB) has raised the minimum investment amount for its gold accumulation business to 1500 yuan, effective February 2, and has warned clients about the heightened market risks due to increased price volatility [4]. Group 2: Risk Management Recommendations - Banks are advising clients to control their positions and conduct transactions based on their financial situation and risk tolerance to mitigate potential losses from gold price fluctuations [4][5]. - The banks emphasize the importance of a diversified investment strategy and suggest clients avoid impulsive trading behaviors such as chasing price increases or following market trends blindly [1][5]. Group 3: Market Outlook - Despite recent volatility, the long-term outlook for gold prices remains positive, supported by various factors, according to industry experts [5].