金价创新高！机构主动“降温”控风险

Core Viewpoint - The article discusses the recent surge in gold prices, which have reached historical highs, prompting banks and funds to adjust their investment products and strategies to manage risks and protect investors' interests [2][4]. Group 1: Gold Price Surge - As of April 19, the COMEX gold price peaked at $3,371.9 per ounce, surpassing previous annual forecasts [2]. - The increase in gold prices has led to significant returns for gold accumulation products and ETFs, with a notable rise in market activity [2][4]. Group 2: Bank Adjustments - Several banks, including Industrial Bank and Everbright Bank, have raised the minimum purchase amounts for gold accumulation products in response to market volatility, with increases of up to 43% [3][4]. - Minsheng Bank announced potential temporary adjustments to trading rules, including pausing gold accumulation product quotes during extreme market fluctuations [4]. Group 3: ETF Changes - Fund companies like Harvest Fund and Yongying Fund have suspended large-scale subscriptions for their gold ETFs to ensure fund performance and manage investment risks [5][6]. - Harvest Fund has set a cap of 1 million yuan for individual accounts on subscription amounts to control fund size and optimize investment strategies [5]. Group 4: Market Dynamics - The demand for gold recycling has surged, with reports indicating a near doubling of customers compared to earlier in the year, while retail sales of gold jewelry remain cautious due to high prices [7]. - International institutions have revised their gold price forecasts upward, with UBS predicting prices could reach $3,500 per ounce within 12 months, reflecting increased central bank purchases and recession risks [8].