Zheng Quan Ri Bao·2026-02-02 16:43Core Viewpoint - The recent volatility in gold prices has prompted major state-owned banks in China to adjust their gold-related business practices, enhancing risk management and guiding investors towards rational participation in the market [1][2][4]. Group 1: Adjustments by State-Owned Banks - Major state-owned banks, including ICBC, ABC, BOC, CCB, and others, have implemented changes to their gold-related business, including increasing entry thresholds, transaction limits, and risk assessment requirements [2][4]. - ICBC announced on February 1 that due to significant fluctuations in domestic and international precious metal prices, investors should maintain a rational investment mindset and avoid impulsive trading [2]. - CCB raised the minimum amount for personal gold accumulation to 1,500 yuan starting February 2, citing increased market risks [3]. Group 2: Market Analysis and Long-Term Value - Despite short-term price fluctuations, experts believe that gold and other precious metals still hold long-term investment value due to global risk aversion and changes in asset allocation logic [1][5]. - The precious metals market has shown an upward trend since 2026, with gold and silver performing particularly well, although recent price volatility has raised concerns about future market behavior [5]. - Analysts suggest that while short-term pressures may exist, long-term factors such as declining real interest rates and persistent inflation will continue to support gold prices [5][6]. Group 3: Investor Guidance - Investors are advised to focus on risk management, including understanding market volatility, monetary policy changes, and liquidity risks associated with investment products [6]. - It is emphasized that investors should assess their risk tolerance and avoid excessive leverage, choosing investment tools that align with their financial situations [6].