黄金热居高不下！多家银行发行挂钩黄金的结构性存款

Core Viewpoint - The article discusses the rising trend of structured deposits linked to gold being offered by various banks in response to the soaring gold prices and low deposit interest rates, catering to risk-averse investors seeking higher returns [1][2]. Group 1: Gold Price Trends - In 2025, the international gold price experienced a significant bull market, rising from approximately $2646 per ounce at the beginning of the year to over $4367.8 per ounce by year-end, marking an annual increase of about 65% [1]. - The current domestic bank deposit rates are at a low, with some short-term rates starting at 0.65% for three-month deposits [2]. Group 2: Structured Deposit Products - Many banks have launched structured deposit products linked to gold, which offer a combination of principal protection and variable returns, appealing to risk-averse investors [2]. - For example, China Merchants Bank has introduced a series of "Point Gold" structured deposits with terms ranging from 7 to 181 days, offering expected annualized returns of 1%, 1.58%, or 1.78% based on gold price fluctuations [2]. - The Bank of Communications has also launched a series of structured deposits with annualized returns ranging from 0.5% to 3.2%, depending on the performance of the Shanghai Gold Exchange AU99.99 contract [3]. Group 3: Investment Considerations - The structured deposits are characterized by principal protection, but the returns are contingent on the performance of the linked gold prices, which may not guarantee the highest advertised returns [5][6]. - Investors are advised to thoroughly understand the product details and consult with bank financial professionals before purchasing, as the structured deposits may have complex terms and conditions [6].