Cai Jing Wang·2025-10-21 09:11Core Viewpoint - The continuous rise in gold prices has led several banks to adjust their minimum purchase amounts for gold accumulation products, reflecting the market's response to price fluctuations [1][2]. Group 1: Gold Price Trends - As of October 20, COMEX gold futures rose by 3.82%, reaching a record high of $4,374.3 per ounce [1]. - The increase in gold prices has prompted at least seven banks to raise the minimum purchase thresholds for gold accumulation products in the past two weeks [2]. Group 2: Bank Adjustments - Industrial Bank and Ping An Bank announced an increase in their gold accumulation business minimum purchase amounts by 200 yuan, marking the largest adjustment of the year [1]. - Industrial Bank's new minimum purchase amount for gold accumulation is set at 1,200 yuan, while Ping An Bank's is now 1,100 yuan, effective from October 24, 2025 [1]. - Other banks, including Urumqi Bank, Ningbo Bank, and Agricultural Bank, have also raised their minimum purchase amounts, with most banks now setting thresholds around 1,000 yuan [2]. Group 3: Risk Awareness - In light of the volatile gold prices, seven major national banks have issued risk alerts, advising investors to be cautious and to manage their gold asset allocations wisely [3]. - China Construction Bank has issued multiple risk warnings, emphasizing the need for clients to monitor their positions and margin balances closely [3].