China National Gold (SH:600916) 券商中国·2026-02-07 14:48Core Viewpoint - China Gold announced the suspension of precious metal repurchase services during non-trading days starting February 7, 2026, due to significant price volatility and rising uncertainty in the precious metals market [1]. Group 1: China Gold's Announcement - Starting February 7, 2026, China Gold will suspend precious metal repurchase services on weekends and public holidays when the Shanghai Gold Exchange is not trading [1]. - The company emphasized the need for consumers to approach the precious metals market with caution and to enhance risk awareness [1]. - China Gold will implement limit management on repurchase transactions, including daily limits for individual customers and total limits per transaction, with a reservation system in place [1]. Group 2: Industry-Wide Adjustments - Other leading gold retailers have also announced adjustments to their precious metal repurchase services [4]. - Cai Bai Co., Ltd. will similarly suspend repurchase services on non-trading days starting February 6, 2026, and will implement limit management during business hours [5]. - Several banks, including Industrial and Commercial Bank of China, will adjust their gold-related rules, including limit management for gold accumulation and redemption services starting February 7, 2026 [5].