Sou Hu Cai Jing·2025-11-03 13:11Group 1 - The Industrial and Commercial Bank of China (ICBC) has suspended its "Ruyi Gold" accumulation business, affecting account openings, accumulation, and physical gold withdrawal applications due to macroeconomic policy impacts [2][9] - Various specifications of physical gold bars were sold out within minutes, with reports of customers only managing to purchase a 200g gold bar valued at 185,000 yuan [2][9] - The market for gold has seen significant price increases, with the price of 999 and 9999 gold rising from 926 yuan and 936 yuan per gram to 985 yuan and 995 yuan per gram, respectively, reflecting a rise of 59 yuan per gram [11][12] Group 2 - The Ministry of Finance and the State Taxation Administration announced new tax policies for gold transactions, exempting value-added tax for certain transactions involving standard gold [7] - Other banks, such as China Construction Bank and Bank of Communications, have also adjusted their gold accumulation rules in response to market changes, with minimum investment amounts now tied to real-time gold prices [11] - The gold jewelry market is experiencing price adjustments, with brands like Chow Tai Fook increasing their prices for both jewelry and investment gold [12]