Gold prices experience high short-term volatility; banks' risk control approach shifts from "static defense" to "dynamic adjustment."

People’s Financial News, March 26 — On March 25, spot gold continued its recent high volatility, briefly breaking above the $4,600 per ounce level during trading. Looking back at the March 23 market, spot gold repeatedly fell below key levels of $4,500, $4,400, $4,300, $4,200, and $4,100 per ounce, with intraday drops of up to 9.75%, wiping out all gains for the year. In response to the short-term volatility risks in the precious metals market, domestic banks have quickly adjusted their risk control mechanisms. According to Securities Times reporters, this week, state-owned banks such as Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, China Construction Bank, and Bank of Communications, as well as joint-stock banks like China Minsheng Bank and China Merchants Bank, have issued notices warning investors of market risks in precious metals. In addition to issuing risk alerts, many banks are also adjusting trading rules for precious metals, including accumulated gold purchase limits. For example, China Construction Bank and ICBC announced that under certain conditions, they will impose limits on accumulated gold purchases to control overall trading volume; China Merchants Bank and Jiangsu Bank are adjusting transaction fees to increase short-term trading costs. Industry experts point out that these measures represent a shift from the banks’ previous “static defense” approach to a “dynamic adjustment” strategy in precious metals risk management, guiding investors toward reasonable long-term asset allocation.