中国黄金调整回购规则，节假日不能卖金了

Core Viewpoint - China Gold Group has announced the suspension of its precious metal repurchase business on non-trading days starting February 7, 2026, primarily to mitigate operational risks and ensure orderly business operations amid volatile gold prices [1][4]. Group 1: Company Actions - China Gold will limit its repurchase business to trading days to align with market pricing mechanisms, avoiding disputes over pricing and ensuring orderly operations [4]. - The company aims to control its risk exposure during periods of significant price fluctuations, as acquiring physical gold without market price references could lead to substantial losses [4]. - The adjustment is intended to enhance service consistency by standardizing repurchase rules across online and offline channels, improving operational efficiency [4]. Group 2: Industry Context - Other leading gold retailers, such as Caibai Co., have also announced similar adjustments to their repurchase business, indicating a broader industry trend [5]. - The gold market has experienced significant volatility, with spot gold prices rebounding from a low of $4,400 per ounce to $4,966.61 per ounce, reflecting a 14% fluctuation within a week [5]. - The gold concept index has surged over 14% year-to-date, with China Gold's A-shares rising over 40% and Caibai Co. increasing over 70% in the same period [5].