Bank of Beijing: Strengthen risk prevention and control in the precious metals market

On July 1, the Bank of Beijing issued a reminder on doing a good job in risk prevention and control in the precious metals market. Recently, fluctuations in precious metals prices both at home and abroad have further intensified, and market risk has risen significantly. To ensure the safety of customers’ assets and sound investment performance, the bank hereby issues the following reminder:

Please customers must keep a calm and rational investment mindset, and fully assess their own risk tolerance. When handling the bank’s agency purchase of physical precious metals business and gold accumulation business, they should fully and prudently assess their own risk tolerance, comprehensively consider their own financial situation, and avoid blindly chasing price increases and cutting positions driven by short-term market sentiment. From the perspective of long-term asset allocation, it is recommended that customers adhere to the principles of “total quantity control, phased purchases, and diversified layout,” and smooth out the risk of volatility across different stages by extending the investment cycle, in order to build a more robust asset portfolio.

(Bank of Beijing App)

(Edited by: Qian Xiaorui)

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