Urgent reminder! Your gold account may be facing a forced liquidation.



ICBC, CCB, CGB, Ping An, and several other banks have collectively suspended personal precious metals trading on the Shanghai Gold Exchange, with margin requirements also significantly raised. If you have positions, handle them promptly—closing positions voluntarily before the end of July is the safest option. Once banks force-sell, you won't have a say in the price. Gold prices have been extremely volatile recently, and this wave of banks collectively hitting the brakes is to control risk. 😱
XAU0.53%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
HighAmbition
· 4h ago
good information 👍
Reply0
  • Pinned