Among these products, China Industrial and Commercial Bank suspended the trading of platinum, palladium and precious metal indexes in all accounts. Bank of Communications also suspended the newly opened transactions of bookkeeping platinum and bookkeeping palladium. Bank of Communications said that considering the current turmoil in the international financial market, platinum and palladium have low liquidity and great volatility. From the perspective of preventing risks and protecting investors' rights and interests, the Bank will suspend the newly-opened platinum account with palladium, which will not affect the liquidation transactions of existing customers.
WTI2005 crude oil futures contract of Chicago Mercantile Exchange first appeared in the first half of the year? Negative price? Ye Jianjun, a precious metal analyst at a commercial club, said that the price of precious metals has continued to rise recently, and market speculation is rampant. At present, many domestic banks have suspended the trading of account gold and account palladium. Because some investors pay attention to the risk control of bank customer base, they have insufficient investment experience in precious metals field; On the other hand, the internal system management and system risk control of banks need to be further adjusted and improved.
For domestic precious metals investment investors, besides bank account transactions, gold futures, spot gold, gold funds, gold stocks and gold financial derivatives are all important investment channels. When talking about investing in futures and gold bars, Zhao Xiaojun said that because futures trading involves leverage trading, the potential profits have expanded and the risks have increased. Investing in gold products may lead to high transaction costs, which is not conducive to inventory management. professionality