BANK OF CHINA(601988) 每日经济新闻·2025-04-01 22:48Core Viewpoint - The international gold price continues to rise, prompting banks to adjust the minimum purchase amounts for gold accumulation products in response to market conditions [1][12]. Group 1: Gold Price Trends - As of April 1, the spot gold price closed at 3152.3 per ounce, both showing slight declines after reaching new highs during the trading session [1]. - Global trade tensions and stock market declines have increased market risk aversion, benefiting gold prices. Future projections suggest that geopolitical conflicts and fluctuating U.S. tariff policies will maintain high gold prices [12]. Group 2: Bank Adjustments to Gold Accumulation Products - China Bank announced an increase in the minimum purchase amount for gold accumulation products from 700 yuan to 750 yuan, effective April 2, 2025, while maintaining the additional purchase amount at 200 yuan [2]. - Construction Bank raised its personal gold accumulation business minimum investment amount from 700 yuan to 800 yuan starting March 31, 2025 [5]. - China Merchants Bank adjusted its gold account minimum purchase amount from 700 yuan per gram to 750 yuan per gram, marking the second increase this year [7]. - Ningbo Bank also increased the minimum purchase amount for gold accumulation from 700 yuan to 800 yuan, effective March 19, 2025 [9]. - Industrial and Commercial Bank of China raised its minimum investment for gold accumulation from 650 yuan to 700 yuan, while maintaining the minimum weight purchase at 1 gram [11]. Group 3: Market Analysis and Predictions - Goldman Sachs has raised its gold price target for the end of 2025 from 3300 per ounce, with a forecast range of 3520 per ounce, indicating a bullish outlook for gold prices [12]. - Concerns about market overheating have been raised, with estimates showing that gold prices are nearing historical highs, suggesting caution for future investments [13].