金价爆了！银行再出手

Core Viewpoint - The gold market is experiencing a significant surge, with prices reaching new highs, prompting banks to tighten their gold investment policies and shift focus from speculative trading to more stable investment strategies [2][4][13]. Group 1: Gold Price Trends - International gold prices have continued to rise, with the price of gold in RMB surpassing 1400 yuan per gram for the first time on December 23 [2]. - On December 23, the London spot gold price approached $4490 per ounce, breaking the previous high of $4381 per ounce at the end of October [4]. - The Shanghai Gold Exchange's spot gold price reached 1014 yuan per gram, while the main futures contract on the Shanghai Futures Exchange hit 1018 yuan per gram, both marking new highs [4]. Group 2: Bank Policy Adjustments - Banks are implementing measures such as closing "zombie accounts," halting speculative business, and raising margin requirements to tighten access to gold investments [4][10]. - Hengfeng Bank has stopped selling its branded gold bars and closed trading access for related accounts, while other banks like ICBC and China Bank have also announced similar closures for accounts with no holdings [5][7][9]. - Banks are shifting from high-risk speculative products to more stable offerings, with a focus on protecting investors and managing financial risks [9][10]. Group 3: Investment Strategy Shift - The tightening of gold investment policies is seen as a move to encourage investors to transition from short-term speculation to long-term asset allocation [10][12]. - Banks are raising the entry barriers for gold ETFs, with high minimum asset requirements for investors, effectively discouraging those with lower risk tolerance [12]. - The overall strategy reflects a response to the volatile market conditions and aims to promote a more rational approach to gold investment, emphasizing value over speculation [13][14].