Core Insights - The gold market is experiencing a new wave of volatility due to recent tax regulation changes by the Ministry of Finance and the State Administration of Taxation in China, which eliminate the VAT deduction for ordinary retail gold merchants while retaining tax benefits for members of the Shanghai Gold Exchange and Shanghai Futures Exchange until the end of 2027 [1] Group 1 - The new tax policy has led to immediate fluctuations in the spot gold market, with several major state-owned banks temporarily halting the opening of new positions and physical exchanges for accumulated gold before resuming operations [1] - As the largest gold consumer globally, China's policy shift has raised significant market attention regarding its implications for regulatory cooling of overheated gold investment enthusiasm [1] - The changes are expected to impact domestic gold consumption patterns and gold price trends in the market [1]
税收优惠结束 金价还会继续下跌吗？丨夜话
Di Yi Cai Jing·2025-11-03 14:06