21世纪经济报道记者 张晓慧 深圳报道 "买到赚到，昨天一位顾客买了50克的金条，今天一克已经赚了十几块。"金展珠宝广场的一个柜台上，店家向一位前来询问购 买投资金条的顾客介绍。 黄金价格连日上涨，不少投资者看到机遇。这位店主告诉21世纪经济报道记者，这两天不少顾客购买投资金条，5克、10克等小 克重金条今天已经缺货，目前柜台上主要有50克、100克等稍大克重的款式。 同样的情形也出现在另一家售卖投资金条的柜台，小克重金条暂无现货，店主正联系调货补货。 10月14日，上海黄金交易所AU99.99开盘价928元/克，随后一路上涨，至午间最高价升至957.8元/克，后开始波动回落。 周大福、周生生、潮宏基等品牌足金饰品报价超过1210元/克；周大福投资金报1080元/克。 当日中午，深圳水贝足金报价961元/克左右，回收价格报937元/克左右，并随上海金价格实时调整。 （工作日中午的水贝；摄/张晓慧） 21世纪经济报道记者在被称为"中国宝都"的深圳罗湖水贝线下走访看到，工作日中午，水贝万山、金展珠宝广场、水贝金座等 珠宝商场的一楼、负一楼黄金门店柜台依然热闹，人流量明显大于非黄金首饰柜台。 （摄/张晓慧） 除此以 ...

Core Viewpoint - The article highlights the recent surge in international gold prices and the significant growth of gold-themed ETFs in the market, indicating a strong investor interest in gold as a safe-haven asset amid economic uncertainties [1][3]. Group 1: Gold Price Movement - As of October 14, international gold prices have been on the rise, with COMEX gold futures reaching a peak of $4,190.9 per ounce before settling at $4,140.9 per ounce by 16:14 Beijing time [1]. Group 2: Gold-themed ETFs Growth - The total scale of gold-themed ETFs has surpassed 200 billion yuan, with five ETFs exceeding 10 billion yuan in scale [3]. - The leading gold-themed ETF is the Huaan Gold ETF, with a scale of 74.467 billion yuan, reflecting an increase of 8.32% over the past week and 14.01% over the past month [4]. - Other notable ETFs include Bosera Gold ETF, Guotai Gold Fund ETF, Yongying Gold Stock ETF, and E Fund Gold ETF, all showing significant growth in their scales [3][4].

Core Viewpoint - Recent surges in international gold prices have prompted multiple banks to issue risk warnings regarding precious metal investments and to raise the minimum purchase amounts for gold accumulation products [2][3][4]. Group 1: Risk Warnings from Banks - Several banks, including China Construction Bank and Industrial and Commercial Bank of China, have issued warnings about increased volatility in precious metal prices, advising investors to enhance their risk awareness and manage their positions carefully [3][4]. - Banks are recommending that investors consider their financial situations and risk tolerance when investing in precious metals, emphasizing the importance of rational investment strategies [3][4]. Group 2: Changes in Investment Conditions - China Bank announced an increase in the minimum purchase amount for its gold accumulation products from 850 yuan to 950 yuan, effective October 15 [4]. - Industrial and Commercial Bank raised the minimum investment for its "Ruyi Gold Accumulation" product from 850 yuan to 1000 yuan, while maintaining a minimum accumulation of 1 gram [4]. - Ningbo Bank also increased its minimum purchase amount for gold accumulation from 900 yuan to 1000 yuan, highlighting the need for cautious investment decisions due to market volatility [4]. Group 3: Market Performance and Trends - October has been characterized as a "super month" for precious metals, with gold prices reaching historical highs, including a peak of 4085 USD per ounce on October 13 and a subsequent rise to over 4150 USD per ounce [5]. - Silver prices have also surged, with a peak of 53.579 USD per ounce on October 14, reflecting an annual increase of nearly 80% [5]. - The rising gold prices have led to increased consumer interest, with discussions about gold accumulation and ETF investments trending on social media platforms [5][6]. Group 4: Long-term Outlook for Gold Prices - Analysts believe that while short-term volatility poses risks, the long-term upward trend for gold prices remains intact, supported by ongoing central bank purchases and a shift in monetary policy [7][8]. - As of September, China's gold reserves reached 7406 million ounces, marking a continuous increase for 11 months, while global central banks collectively purchased 166 tons of gold in the second quarter [7]. - The anticipated continuation of interest rate cuts by the Federal Reserve is expected to further bolster gold's appeal as a safe-haven asset [7][8].

Core Viewpoint - The article discusses the recent surge in gold prices, attributing it to three main factors: financial attributes, safe-haven demand, and monetary attributes, while emphasizing the long-term investment logic of gold as a super-sovereign credit asset [3][5][9]. Financial Attributes - The opportunity cost of holding gold is significantly influenced by the 10-year U.S. Treasury real interest rates, which have a negative correlation with gold prices. Following the Federal Reserve's interest rate cut in September, the market's expectation for another rate cut in October has risen to approximately 97.8% as of October 14, indicating a substantial increase compared to previous weeks [3][5]. Safe-Haven Demand - The economic impact of tariffs on the U.S. economy is becoming more apparent, with rising inflation and weak employment contributing to concerns about stagflation and long-term recession risks. This uncertainty is driving increased demand for gold as a safe-haven asset. Recent developments, such as the U.S. government shutdown and renewed tariff tensions, are expected to further elevate market demand for safe-haven assets [5][9]. Monetary Attributes - The weakening of the U.S. dollar and the trend of de-globalization are diminishing the dollar's creditworthiness. Central banks globally are increasing their gold reserves, with the People's Bank of China having added gold for 11 consecutive months. The ongoing high fiscal deficits are likely to maintain a trend of currency depreciation relative to gold, supporting higher gold prices [5][9]. Future Outlook - The article suggests that as long as there are no significant shifts in the three factors influencing gold pricing, the bullish sentiment towards gold will continue. The long-term investment logic is reinforced by the ongoing concerns regarding U.S. debt and the trend towards de-dollarization, alongside geopolitical risks and central bank demand for gold [9].

【#支付宝工商银行积存金暂不可开户# 】10月14日下午14点30分，第一财经记者发现，支付宝工商银 行积存金目前不可开户，提示原因为系统维护暂不可开户。 积存金是银行发行的黄金产品，目前只有工商银行积存金可以通过支付宝买入，产品相关通知显示，自 2025年8月28日起，蚂蚁财富工银积存金客户通过主动积存方式买入工银积存金可享受0手续费优惠，卖 出交易手续费维持不变为交易金额的0.5%（单笔最低手续费为0.01元），优惠活动截止日期为2025年11 月8日。 10月14日，现货黄金先涨后跌，截至发稿跌破4100美元/盎司，现报4090美元/盎司。（第一财经） ...

Group 1 - International gold prices have surged, breaking the $4100 per ounce mark, reaching a historical high of $4179.33 per ounce, with a year-to-date increase exceeding 50% [1][4] - Domestic gold jewelry prices have also risen, surpassing 1200 RMB per gram, with significant daily increases observed across major brands [1][4] Group 2 - The four core driving factors behind the gold price surge include: 1. Global central banks' gold purchasing spree, with official reserves increasing by 52.9% to $4.64 trillion, and 95% of central banks planning to expand their gold reserves [5] 2. Expectations of interest rate cuts by the Federal Reserve, which would lower holding costs and enhance gold's appeal as a non-yielding asset [5] 3. Geopolitical tensions and economic uncertainties driving demand for gold as a safe-haven asset, with global physical gold ETFs attracting $26 billion in a single quarter [5] 4. Structural supply-demand imbalances, with rising production costs and limited mining capacity contributing to a "supply less than demand" scenario [5] Group 3 - Long-term forecasts suggest that gold prices could reach $10,000 per ounce by 2028-2029, with various institutions projecting significant increases in the coming years [8][9] - Short-term risks include potential price corrections of 10%-15% due to market over-optimism and technical adjustments following the recent highs [8][9]

Group 1 - The core viewpoint of the articles highlights the significant rise in gold prices, with COMEX gold futures surpassing $4150 per ounce, reaching a historical high due to geopolitical changes, global economic uncertainty, and central bank policies [1][2][3] - Domestic precious metal futures in China also saw substantial increases, with SHFE silver rising over 6% and SHFE gold increasing approximately 3.7%, reflecting a broader bullish sentiment in the market [2] - Jewelry prices in China, particularly for gold, have risen, with brands like Chow Sang Sang reporting prices of 1213 yuan per gram for 24K gold [2] Group 2 - Bank of America Global Research predicts that gold and silver prices could reach $5000 per ounce and $65 per ounce respectively by 2026, driven by fiscal deficits and rising debt [3] - Standard Chartered Bank has raised its 2026 average gold price forecast to $4488 per ounce from a previous estimate of $3875 per ounce, indicating a bullish outlook for gold [3][4] - Analysts from Societe Generale have also increased their 2026 gold price target to $5000 per ounce, suggesting a strong long-term investment case for gold as an asset class [4]

Group 1: Gold Price Trends - Spot gold reached a historic high of $4150 per ounce on October 14, with a year-to-date increase of over $1500, representing a 58% rise [1] - The price of gold jewelry has also increased, with Chow Sang Sang's gold jewelry priced at ¥1213 per gram, up from ¥1188 per gram, marking a rise of ¥25 per gram [3][5] - The price of gold jewelry has risen approximately ¥400 per gram since the beginning of the year, with prices previously fluctuating around ¥800 per gram [5] Group 2: Consumer Behavior and Market Impact - The rising gold prices have led to a noticeable impact on consumer purchasing behavior, with many young consumers postponing purchases or opting for lighter and more cost-effective gold items [7][8] - The trend of purchasing low-weight gold jewelry is gaining popularity, with a significant increase in the availability of low-weight gold products in the market [10][12] - The overall gold consumption in China decreased by 3.54% year-on-year in the first half of 2025, with gold jewelry consumption down by 26%, while gold bars and coins saw a 23.69% increase [8] Group 3: Future Outlook and Market Sentiment - Analysts suggest that if the Federal Reserve continues to lower interest rates and geopolitical tensions persist, gold prices may continue to rise [14][15] - Some investment banks predict that gold prices may fluctuate between $3800 and $4100 per ounce for the remainder of the year, with potential short-term adjustments anticipated [14] - The ongoing geopolitical tensions and central bank purchases of gold are expected to support long-term bullish trends in gold prices, with some forecasts suggesting prices could reach $4200 or even challenge $5000 in the future [15]

中国银行发布关于调整积存金产品按金额购买起点的公告。将于2025年10月15日起调整积存金产品的购买条件，具体调整情况如下：1.按金额购买积存金 产品或创建积存定投计划时，最小购买金额由850元调整为950元，追加购买金额维持200元整数倍不变。已在执行中的定投计划不受影响。2.按克重购买 积存金产品或创建积存定投计划时，最小购买克重维持为1克不变，追加克重维持为1克整数倍不变。 支付宝工商银行积存金"暂不可开户" 记者发现，支付宝工商银行积存金目前不可开户，提示原因为系统维护暂不可开户。积存金是银行发行的黄金产品，目前只有工商银行积存金可以通过支 付宝买入，产品相关通知显示，自2025年8月28日起，蚂蚁财富工银积存金客户通过主动积存方式买入工银积存金可享受0手续费优惠，卖出交易手续费维 持不变为交易金额的0.5%（单笔最低手续费为0.01元），优惠活动截止日期为2025年11月8日。10月14日，现货黄金先涨后跌，截至发稿跌破4100美元/盎 司，现报4090美元/盎司。 ...

Core Viewpoint - The price of gold jewelry in China has surged significantly, with major brands now pricing gold at over 1200 RMB per gram, reflecting a substantial increase from around 800 RMB at the beginning of the year. This rise is attributed to various factors including geopolitical tensions, central bank purchases, and currency fluctuations [1][2][3][4]. Price Trends - Major gold brands such as Lao Miao, Chow Tai Fook, and others have seen their prices reach between 1206 and 1218 RMB per gram, marking an increase of approximately 400 RMB per gram within a year [1]. - The price of gold jewelry has consistently followed international gold price trends, with the Shanghai Gold Exchange's Au9999 spot gold price also rising in tandem [1]. Driving Forces Behind Price Increase - **Safe-Haven Demand**: Ongoing geopolitical conflicts and fluctuating monetary policies have led to increased demand for gold as a traditional safe-haven asset, with global gold ETF holdings experiencing net inflows for five consecutive months [2][3]. - **Central Bank Purchases**: According to the World Gold Council, global official gold reserves increased by over 800 tons in the first three quarters of 2025, with emerging market central banks being the primary buyers. China's central bank has also been on a trend of continuous gold accumulation [3]. - **Currency Impact**: The cost of imported gold has risen, which directly affects the gold price in RMB, contributing to the overall increase in jewelry prices [4]. Market Dynamics - The pricing structure of gold jewelry includes the base gold price, processing fees, brand premiums, and taxes. As the base gold price rises, it becomes challenging for brands to lower their prices, leading to higher consumer costs [6]. - Despite the rising prices, sales of gold jewelry have not necessarily declined. Some consumers are opting to purchase gold as a form of investment, with a notable increase in gold bar purchases and a rise in gold recycling activities [6]. Consumer Behavior - The perception of gold jewelry is shifting from a decorative item to an investment, with consumers increasingly viewing their purchases as a form of savings. This change in mindset is reflected in the rising demand for gold bars and the increased interest in recycling old gold [6][8].