Group 1 - The article highlights the impact of the trade war initiated by the Trump administration, leading to concerns about a potential global economic recession, which has resulted in significant declines in the US stock market [1] - Gold prices have seen a notable drop, with the June gold futures on the New York Mercantile Exchange closing at $3035.40 per ounce, down 2.76%, erasing earlier gains from the week. The cumulative decline in international gold prices for the week is reported at 2.53% [1] - Domestic gold jewelry prices have also decreased, with notable reductions in prices from major retailers such as Chow Sang Sang and Lao Miao, reflecting a broader trend in the gold market [1] Group 2 - The Shanghai Gold Exchange has issued a notice emphasizing the need for market participants to enhance risk prevention measures due to increased volatility in precious metal prices, urging investors to manage their positions wisely [3] - Several banks, including Everbright Bank and Bank of China, have raised the minimum subscription amounts for gold accumulation products, indicating a tightening of investment conditions in the gold market [4][6] - The Bank of China has adjusted its minimum purchase amount for gold accumulation products twice this year, reflecting a trend among multiple banks to increase the entry threshold for gold investment [6]
金价暴跌!多家银行宣布上调