In the past month, international gold prices have been on a continuous rise. Against this backdrop, the precious metal business of banks, including gold accumulation services, has also seen a simultaneous increase in popularity. Several state-owned banks have adjusted the starting amounts for their gold accumulation services in succession.

Reporters found that most state-owned banks have adjusted the minimum amount for gold accumulation services from yuan to yuan or yuan. Specifically, China Construction Bank and Bank of Communications have raised the purchase threshold to yuan, while Industrial and Commercial Bank of China and Bank of China have raised it to yuan.

It is noteworthy that, in addition to state-owned banks, several joint-stock commercial banks including China Merchants Bank, Industrial Bank, Zheshang Bank, and China Everbright Bank have recently issued announcements at the end of the month and the beginning of the month regarding adjustments to the minimum purchase amount for gold accumulation business. The adjusted minimum purchase amount is now 100 yuan. For example, China Everbright Bank has adjusted the starting purchase amount for fixed-amount investments in its personal gold accumulation business from 100 yuan to 1000 yuan. Industrial Bank, in its announcement, stated that when trading by amount, the minimum purchase amount for single purchases and new scheduled investments has been adjusted from 100 yuan to 1000 yuan; when trading by weight, the minimum purchase amount for single purchases and new scheduled investments remains at 1 gram.

Previously, due to the rise in gold prices, several banks had collectively raised the threshold for gold accumulation plans in a round of adjustments earlier this year. This recent adjustment to the minimum amount for gold accumulation business marks the second increase within the year for most banks. At that time, the starting purchase points for various banks were generally adjusted from 200 yuan to 300 yuan.

In response to this, industry insiders have stated that the recent intensive adjustments by multiple banks to the minimum transaction amounts for individual gold business are related to the rapid increase in gold prices and the optimistic outlook on the future price trend of gold in the market. An employee from a branch of China Everbright Bank informed the International Business Daily that the adjustment of the minimum transaction amount for their gold accumulation business was primarily made in response to the rise in gold prices. The regular accumulation of individual gold accumulation business generally uses grams of gold as the minimum purchase unit. In the context of a rapid increase in gold prices, banks adjust the minimum transaction amounts to adapt to market changes.

For the future regular investment starting point of individual gold accumulation business in commercial banks, several banks have stated in their announcements that they will continue to monitor changes in the gold market and adjust the starting amount as appropriate.