Gold prices hit new highs as banks intensively raise the subscription threshold for accumulated gold.

Recently, international gold prices have repeatedly reached new highs, and banks have successively raised the subscription threshold for accumulated gold. Industry insiders believe that banks are adjusting the rules of accumulated gold business to adapt to market changes and to control business risks; they suggest that investors make rational investments based on market conditions, their own investment experience, and investment expectations. The reporter noticed that in addition to raising the minimum purchase amount, multiple banks have also reduced the interest rate on gold accounts. For example, recently, China Merchants Bank lowered the interest rate on its gold account from 0.10% to 0.01%, while CITIC Bank's personal accumulated gold current annualized interest rate dropped from 0.35% to 0.15%.