Sou Hu Cai Jing·2025-12-15 14:21Core Viewpoint - The recent volatility in precious metal prices has led banks to tighten their high-risk precious metal business lines, with major banks like ICBC and CCB announcing adjustments to their operations to protect investor interests [1][4][5]. Group 1: Bank Adjustments - ICBC announced it will strengthen management of its personal precious metal trading business, urging clients with no positions or debts to withdraw their funds by December 19 [1][2]. - CCB also issued a similar notice, expanding the scope of clients affected by its adjustments to include all clients with idle margin funds, not just those with no transactions for a year [5][6]. - Other banks, including Agricultural Bank of China and Postal Savings Bank, have also made announcements to terminate agreements with clients who have not engaged in trading for a specified period [6][8]. Group 2: Market Context - The adjustments by banks reflect a broader trend in the industry, with at least six banks making similar changes since September, indicating a cautious approach to managing trading risks amid price fluctuations [4][5]. - The price of gold has seen significant increases, with a reported rise of 60% this year, while silver prices have surged over 110%, attracting considerable investor interest [9]. - As of December 15, the spot gold price exceeded $4,340 per ounce, with a daily increase of 0.98%, highlighting the ongoing volatility in the market [9]. Group 3: Risk Management - Banks are tightening their operations related to leveraged trading in precious metals, which is often considered high-risk, to mitigate potential risks associated with market fluctuations [8][9]. - The adjustments in business rules, such as increasing minimum investment amounts for gold accumulation plans, further indicate banks' efforts to protect investors and manage risk effectively [9].