Core Viewpoint - The recent surge in gold prices has led to increased investment interest, prompting multiple banks to promote gold accumulation services with various fee waivers and incentives for long-term holding [2][3][4]. Group 1: Gold Price Surge - Gold prices have reached historic highs, with COMEX gold futures exceeding $3,690 per ounce and Shanghai Gold Exchange AU9999 hitting 836 yuan per gram [2][3]. - The rise in gold prices is attributed to three main factors: expectations of Federal Reserve interest rate cuts, increased gold purchases by central banks, and heightened geopolitical risks [5]. Group 2: Bank Promotions - Several banks, including Industrial and Commercial Bank of China and Nanjing Bank, are offering promotional activities for gold accumulation, such as waiving fees for active accumulation and providing discounted buy/sell rates [3][4]. - Banks are emphasizing the benefits of long-term gold holding, with some offering rebates and fee waivers for clients who hold gold for over a year [2][3]. Group 3: Investor Behavior and Risks - While banks are promoting long-term holding through fee waivers, experts caution that these measures alone may not significantly encourage a long-term investment mindset [4]. - Banks have issued risk warnings regarding gold accumulation products, highlighting that gold prices can be volatile and investors should be aware of potential losses [6].