证券时报·2025-11-03 13:01Core Viewpoint - The recent announcements from major banks, including Industrial and Commercial Bank of China (ICBC) and China Construction Bank (CCB), indicate a temporary suspension of certain gold investment services due to macroeconomic policy impacts and risk management requirements, with a focus on the implications of new tax policies on gold transactions [3][5][6]. Group 1: ICBC Announcement - ICBC has resumed accepting applications for the "Ruyi Gold Accumulation" business after a temporary suspension that began on November 3, 2025, due to macroeconomic policy impacts [1][3]. - The bank clarified that existing customers' plans and redemption processes remain unaffected during this suspension period [3]. Group 2: CCB Announcement - CCB announced a suspension of its "Easy Gold" business, including real-time purchases and new investment plans, effective from November 3, 2025, while existing plans and redemptions will continue as normal [5]. - The bank also suspended personal gold accumulation services related to physical gold exchanges, but other personal gold accumulation services remain unaffected [6]. Group 3: Tax Policy Implications - A new tax policy effective from November 1, 2025, exempts value-added tax (VAT) on standard gold transactions for member units or clients trading through designated exchanges, with specific provisions for investment and non-investment uses of gold [6]. - The policy aims to stimulate gold trading and investment by reducing tax burdens on transactions involving physical gold [6].