Banks Issue Intensive Warnings on Precious Metals Risks

Gelonghui, March 24 — According to CCTV Finance, recently, several banks including Bank of China, China Construction Bank, China Minsheng Bank, and Industrial and Commercial Bank of China have issued risk warning notices for the precious metals market. The notices state that current precious metal prices are highly volatile, and market uncertainty has significantly increased. Customers are advised to enhance their risk awareness, invest rationally based on their financial situation and risk tolerance, and reasonably control their positions. Bank of China recommends investors adopt long-term investment strategies to reduce the impact of short-term price fluctuations; ICBC advises investors to follow the principles of “total control, phased entry, and diversified allocation” to build a more stable asset portfolio.