农行出手！黄金积存业务设风险测评“准入关”

Core Viewpoint - The price of gold has reached a historic high, surpassing $5000 per ounce, driven by increased demand due to rising market risk aversion [1][3]. Group 1: Gold Price Movement - As of January 26, the international spot gold price has risen for six consecutive trading days, with a year-to-date increase of 17.9% [3]. - Domestic gold prices have also surged, with the Shanghai gold futures contract AU9999 reaching 1143.32 yuan per gram, marking a 3.67% increase on January 26 [1]. Group 2: Risk Assessment Requirements - Agricultural Bank of China has announced that starting January 30, 2026, personal clients must undergo a risk assessment to participate in its gold accumulation business, requiring a cautious rating or above [2]. - Industrial and Commercial Bank of China (ICBC) has set a higher requirement, mandating clients to achieve a C3 rating or above for new accounts and investment plans starting January 12, 2026 [2]. - China CITIC Bank has also implemented similar measures, requiring a C3 rating for clients engaging in gold accumulation business from June 28, 2025 [3]. Group 3: Market Analysis and Investor Guidance - Analysts suggest that the banks' new risk assessment requirements aim to align investment products with clients' risk profiles, moving gold investments away from a savings-like perception [3]. - The current market conditions indicate that gold prices may fluctuate between $4800 and $5200 per ounce leading up to the Chinese New Year, influenced by potential Federal Reserve interest rate decisions and ongoing geopolitical risks [4]. - Investors are advised to approach gold investments with caution, considering their risk tolerance and asset allocation, and to focus on long-term strategies rather than short-term gains [5][6].