Core Viewpoint - Shenzhen authorities have issued a public notice to regulate the gold market, prevent market risks, protect consumer rights, and promote healthy market development [1]. Group 1: Prohibited Activities for Enterprises - Enterprises are prohibited from engaging in illegal gold trading activities such as pre-priced trading, leveraged trading, and deferred trading [1]. - Illegal fundraising activities promising fixed returns under the guise of gold custody, leasing, or repurchase are also banned [1]. Group 2: Prohibited Activities for Individuals - Individuals are not allowed to organize or participate in illegal gold pre-priced trading, illegal fundraising under the name of gold, or any form of illegal gold investment [6]. - The development and sale of illegal gold trading software, apps, or mini-programs are prohibited, as well as providing information services or technical support for such illegal activities [6]. Group 3: Prohibited Activities for Financial Institutions - Financial institutions must not conduct gold business without proper registration or approval from regulatory authorities and must adhere to large transaction reporting and abnormal transaction reporting requirements [7]. - Financial institutions and non-bank payment institutions are prohibited from providing services to merchants engaged in illegal operations and from promoting illegal gold activities [8].

Group 1 - The Shenzhen Municipal Financial Management Bureau issued a public notice on February 13 to further regulate the operating behaviors in the gold market [1] - The notice highlights prohibitive actions for individuals, enterprises, financial institutions, and non-bank payment institutions engaged in gold business [1] - Individuals are prohibited from organizing or participating in illegal gold pricing transactions, illegal fundraising under the guise of gold, and illegal gold entrusted investments [1] Group 2 - Individuals are also banned from developing or selling illegal gold trading software, apps, or mini-programs, and from providing information services and technical support for such illegal platforms [1] - Qualified individual investors can participate in gold ETFs and gold futures trading through legitimate channels [1] - Individuals may purchase physical gold through authorized gold shops or banks, and can invest in gold accumulation products or wealth management products linked to gold through banks [1]

Core Viewpoint - The People's Bank of China and various regulatory bodies in Shenzhen have issued a public notice to further regulate the gold market, prohibiting illegal activities related to gold trading by enterprises, individuals, financial institutions, and non-bank payment institutions [1][2][3]. Group 1: Prohibited Activities for Enterprises - Enterprises are prohibited from engaging in illegal gold trading activities such as pre-priced trading, leveraged trading, and deferred trading [1]. - Activities that promise fixed returns under the guise of gold custody, leasing, or repurchase are also banned [2]. - Enterprises must not mislead consumers through false advertising or unauthorized use of "Shanghai Gold Exchange member" status [2]. Group 2: Prohibited Activities for Individuals - Individuals are not allowed to organize or participate in illegal gold pre-priced trading, illegal fundraising under the guise of gold, or illegal gold investment activities [3]. - Development and sale of illegal gold trading software, apps, or mini-programs are strictly prohibited for individuals [3]. - Qualified individual investors can participate in gold ETFs and futures through legitimate channels, and can purchase physical gold from authorized stores or banks [3].

Core Viewpoint - The article highlights a significant increase in gold prices, with Comex gold futures surpassing $3,630 per ounce and spot gold reaching $3,565 per ounce, marking a new high for the year and a cumulative increase of over 35% in 2023 [1] Group 1: Gold Price Movement - Comex gold futures reached a peak of $3,630 per ounce on September 3 [1] - Spot gold also hit $3,565 per ounce, both surpassing the historical highs from late April [1] - Year-to-date, spot gold has increased by more than 35% [1] Group 2: Jewelry Pricing Impact - The rise in international gold prices has led to several jewelry brands increasing their gold prices, with prices per gram exceeding 1,060 yuan [1] - Chow Tai Fook and Luk Fook Jewelry have their gold prices at 1,060 yuan per gram, reflecting a 0.66% increase from the previous day [1] - Chow Sang Sang's gold price reached 1,062 yuan per gram, marking a 0.57% increase from the previous day [1]