2 1 Shi Ji Jing Ji Bao Dao·2026-02-07 23:37Core Viewpoint - China Gold Group has announced the suspension of its precious metal repurchase business during non-trading days starting February 7, 2026, primarily due to increased volatility in gold prices and associated operational risks [1][5]. Group 1: Company Actions - China Gold will limit its repurchase business to trading days to align with market pricing mechanisms, avoiding disputes over pricing during non-trading days [5]. - The company aims to control its risk exposure by preventing significant losses that could arise from purchasing physical gold without market price references during volatile periods [5]. - The adjustment is intended to enhance service consistency by standardizing repurchase rules across online and offline channels, improving operational efficiency and reducing consumer misunderstandings [5]. Group 2: Industry Context - Other leading gold retailers, such as Caibai Co., have also announced similar adjustments to their precious metal repurchase business, indicating a broader industry trend [6]. - The gold market has experienced significant fluctuations, with spot gold rebounding sharply after a major sell-off, reflecting a 14% volatility within a week [6]. - As of February 6, gold prices have shown a year-to-date increase of 15.01%, while the gold concept index has surged over 14% [7].