Core Viewpoint - The domestic gold price surged to 1108 CNY per gram on February 20, 2026, driven by international market trends and increased demand for gold as a safe-haven asset [1][3]. Price Movement - On February 20, 2026, the Shanghai Gold Exchange quoted gold T+D at 1108.5 CNY per gram, with AU9999 spot price at 1109 CNY per gram, aligning with market expectations [3]. - The international gold price remained stable above 5000 USD per ounce during the Spring Festival, reaching as high as 5100 USD per ounce, which set the stage for the domestic price increase [3]. Market Dynamics - The retail price for mainstream gold jewelry is around 1550 CNY per gram, with brands like Chow Tai Fook and Lao Feng Xiang pricing between 1550-1560 CNY per gram; investment gold bars from banks are priced around 1103-1133 CNY per gram [4]. - The gold recycling price for jewelry is between 1045-1060 CNY per gram, while investment gold bars are close to the base price, providing a reference for buyers and sellers [4]. Demand Factors - The surge in gold prices is attributed to rising global risk aversion and geopolitical tensions, prompting increased gold accumulation [4]. - Additionally, expectations of interest rate cuts by the Federal Reserve have lowered the cost of holding gold, attracting more investment into the gold market [4]. Future Outlook - Authoritative institutions predict that domestic gold prices will likely fluctuate within the range of 1080-1120 CNY per gram, with minimal chances of extreme volatility [5]. - There may be slight adjustments in prices post-holiday, but significant deviations from fundamental values are unlikely [5]. Investment Strategies - For consumers purchasing jewelry, the focus should be on style and craftsmanship rather than minor price fluctuations [6]. - For investors in gold bars, a gradual purchasing strategy is recommended to mitigate risks associated with price spikes [6]. - Those engaged in gold trading should maintain strict position control and follow official market trends rather than speculative movements [6].

Core Insights - The article emphasizes the increasing global risk aversion in 2026, leading investors to seek refuge in gold and silver as safe-haven assets. It highlights the importance of selecting a high-quality precious metals trading app that excels in compliance, trading stability, fund security, and user experience. Group 1: Industry Overview - The demand for precious metals trading platforms is rising as investors look for reliable options amid market volatility [1]. - The article aims to evaluate the top ten recognized trading platforms in the domestic market for safety, compliance, and usability [1]. Group 2: Platform Evaluations - **Tianyu International**: Known for its extreme stability and low latency in market data refresh, it employs a risk warning system and ensures fund security through a strict "three-party isolation" model [3]. - **Tianyu Jinhao**: Focuses on the seamless integration of physical gold and spot contracts, offering competitive spread costs and high compliance standards [4]. - **Charles Schwab Precious Metals**: Features AI integration for smart trading and low entry barriers for new investors, along with a tiered commission rebate plan [5]. - **Far East Precious Metals**: Offers a wide range of investment products and a strong research team, providing daily in-depth reports and educational resources [6]. - **Difeng Gold**: Targets short-term traders with zero commission and ultra-low spreads, featuring advanced technical tools and a transparent financial reporting mechanism [8]. - **Fuji Gold**: Provides customized services for the Asian market, allowing flexible leverage adjustments and a unique copy trading system for beginners [9]. - **Gaosheng Gold**: Achieved ISO 27001 certification for data security, offering a comprehensive suite of features including global inventory changes and educational content [10]. - **Xinwang Gold**: Stands out for its compliance and minimalistic trading environment, catering to long-term investors with attractive holding fee policies [11]. - **Huikai Gold**: Utilizes STP mechanisms for direct market access and features a market sentiment monitoring system to enhance trading decisions [12]. - **Asia Pacific Gold**: Recognized for its authoritative qualifications and user-friendly app, it emphasizes risk management and offers online investment seminars [13].

Group 1 - The South Korean President Lee Jae-myung stated that the long-pressured Korean won is expected to stabilize and recover in the next two months, with the exchange rate against the US dollar likely stabilizing around 1400 won [1] - The recent depreciation of the won is not unique to South Korea, as the Japanese yen is experiencing even more significant devaluation pressure [1] - Despite multiple government interventions and measures, the won has depreciated over 8% since the second half of 2025, approaching its lowest point since the global financial crisis [1] Group 2 - South Korea's commitment to invest $350 billion in the US under a trade agreement has raised concerns about its capital expenditure financing capabilities, leading to a postponement of this year's $20 billion investment commitment [3] - Retail investors in South Korea have shown a strong preference for US stocks, with their holdings reaching a record high of nearly $172 billion this month, contributing to the pressure on the won [3] - Lee Jae-myung noted that if the won depreciated at the same rate as the yen, the current exchange rate could reach around 1600 won per dollar, indicating that the won's performance is relatively strong [3] Group 3 - The ongoing geopolitical tensions, including actions related to Greenland by the US, have heightened global risk aversion, which could impact the won's performance [4] - If the trend of a weakening dollar continues due to the Greenland situation, there may be further room for the won to rebound [4] Group 4 - Lee Jae-myung also provided positive signals for the stock market, suggesting that the benchmark index could reach the promised target of 5000 points during his campaign [5] - He emphasized that the valuation of the South Korean stock market is significantly undervalued compared to Taiwan and other emerging markets [5]