Banks intensively issue precious metals risk warnings

Gelonghui March 24 | According to CCTV Finance, recently, several banks including Bank of China, China Construction Bank, Minsheng Bank, and Industrial and Commercial Bank of China have issued risk warning announcements for the precious metals market. The announcements state that the current precious metal prices are highly volatile, and market uncertainty has significantly increased. Clients are advised to enhance their risk awareness and make rational investments based on their financial situation and risk tolerance, while reasonably controlling their positions. Bank of China recommends that investors mitigate the impact of short-term price fluctuations through long-term investments; Industrial and Commercial Bank advises investors to adhere to the principles of “total control, phased entry, and diversified layout” to build a more robust asset portfolio.