The price of gold is experiencing drastic fluctuations, and the six state-owned banks are enhancing their risk management and control in gold investment businesses.

Since the beginning of this year, the price of gold has been steadily rising, but recent fluctuations have significantly intensified. Against this background, state-owned banks such as Industrial and Commercial Bank, Agricultural Bank, Bank of China, Construction Bank, Bank of Communications, Postal Savings Bank and others have successively adjusted their gold-related businesses by increasing business thresholds, adding risk assessment requirements, issuing investment reminders, and other ways to further strengthen risk control and guide investors to participate rationally. Industry experts have stated that despite the increased short-term price volatility of gold, supported by core factors such as global safe-haven demand and asset allocation logic changes, precious metals such as gold still have long-term investment value. However, investors need to pay close attention to market volatility risks and uphold a rational investment philosophy.