Recently, the prices of precious metals have fluctuated sharply, and several banks including Industrial and Commercial Bank of China, Bank of China, China Construction Bank, and China Minsheng Bank have issued risk warning notices for the precious metal market.
The announcement stated that the recent fluctuations in domestic and international precious metal prices have further increased. It is recommended that customers raise their awareness of risk prevention, invest rationally based on their own financial situation and risk tolerance, and control their positions reasonably.
Industrial and Commercial Bank of China: Investors are reminded to maintain a calm and rational investment mentality, fully assess their own risk tolerance, and avoid blindly chasing gains and losses driven by short-term market sentiment. From the perspective of long-term asset allocation, it is recommended that investors adhere to the principles of "total quantity control, phased entry, and diversified layout", and build a more stable asset portfolio by extending the investment cycle to smooth out periodic volatility risks.
Bank of China: Remind investors to take market risk prevention measures, conduct rational investment based on their own financial situation and risk tolerance, reasonably control precious metal positions, and reduce the impact of periodic price fluctuations through long-term investment to prevent the risk of capital loss caused by market fluctuations.
China Construction Bank: Remind investors to raise their awareness of risk prevention in precious metal business, invest rationally and steadily based on their own financial situation and risk tolerance, allocate precious metals in a balanced and moderate manner, control their positions reasonably, and avoid blindly following the trend. At the same time, please pay attention to the position situation and changes in margin balance in a timely manner to prevent risks in the precious metal market.
China Minsheng Bank: It is recommended that investors pay attention to market risks, raise awareness of risk prevention, control their positions reasonably based on their financial situation and risk tolerance, and invest rationally.
According to Tian Lihui, a finance professor at Nankai University, the current volatility in the precious metal market has exceeded the normal range of corrections and entered an abnormal stage of high intensity and high uncertainty. Ordinary investors are more suitable for long-term allocation through non leveraged methods such as deposit taking and gold ETFs.