Record-high gold prices have triggered increased interest in gold investment products at Chinese banks.
As demand surges, banks have raised minimum purchase amounts to manage risks while extending trading hours.
This gold boom has significantly increased banks’ precious metal holdings (up 70% in 2024) and boosted their revenue from gold sales and transaction fees, making it an important growth area as interest margins narrow.
Original Source: YicaiGlobal.com
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Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments, including precious metals, involve risk and may result in partial or total loss. No conclusion of any type or kind should be drawn regarding the future performance of investments offered or managed by us based upon the information presented herein. Performance information presented has been prepared internally (unless otherwise noted) and has not been audited or verified by a third party. Information on this page is based on information available to us as of the date of posting and we do not represent that it is accurate, complete or up to date. See our complete disclaimers for additional details.
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