Shang Hai Zheng Quan Bao·2025-11-09 17:28Core Insights - The new gold tax regulations have not significantly impacted the market, with stable prices and sufficient supply of investment gold bars observed in banks [1][3][4] Pricing Stability - The new regulations do not affect the sales prices for end customers, as banks continue to price investment gold bars based on market conditions [3][4] - The regulations classify gold into investment and non-investment categories, with investment gold bars having minimal impact from the new rules [3][5] Supply Adequacy - Banks report that the supply of investment gold bars is stable and sufficient to meet customer demand [4][5] - There has been a slight increase in customer inquiries and purchases since the new regulations were implemented, but the overall market remains stable [4][5] Customer Engagement - Customers have shown increased interest in gold investments due to geopolitical uncertainties and rising gold prices, despite no changes in pricing mechanisms [5] - The process for withdrawing physical gold from accumulated gold accounts has been streamlined, allowing for easy access to gold products [6][7] Business Operations - Banks briefly suspended certain gold accumulation services to adjust to the new regulations but quickly resumed operations after system updates [6][7] - The new tax policy encourages individuals to invest in gold through bank products and ETFs, reducing transaction costs for accumulated gold [7]