China Construction Bank Implements Dynamic Trading Limits on CCB Gold, Suspends Physical Buyback Services

Deep News
02/12

On February 12, China Construction Bank announced that it will implement dynamic trading limits on CCB Gold (including Easy Deposit Gold) from February 14 to February 23, and will suspend physical gold buyback services during this period. The bank reminded investors that recent volatility in domestic and international precious metals prices has intensified, elevating market risks. With the Spring Festival approaching, to guard against price fluctuations in the international precious metals market during the holiday period, the bank advised investors to enhance their risk awareness when investing in its precious metals business. It recommended making rational and steady investments based on personal financial conditions and risk tolerance, maintaining a balanced and moderate allocation of precious metals, and reasonably controlling positions to avoid blindly following market trends. Investors were also urged to promptly monitor their holdings and changes in margin account balances to mitigate risks in the precious metals market.

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