In the case of bulls, precious metals in the accounts of ABC can be held all the time. In the case of short positions, that is, when the margin has been lost to the specified amount, if the customer fails to add the margin before the end of the day, the precious metals in the Agricultural Bank account will not be held for a long time.

The reason for this is that in the case of bulls, assets will always be positive, will not fall below 0, and will not form liabilities. Short selling is different. The short capital adequacy ratio will decrease with the increase of gold price. When the capital adequacy ratio drops to zero, if the price of gold continues to rise, then customers should owe money to ABC.

Therefore, in order to prevent the occurrence of such risk events, the Agricultural Bank of China will forcibly close the position when the customer holds the extended contract position and fails to make up the margin within the specified time, which is equivalent to helping the customer to forcibly sell, so naturally it cannot hold it for a long time.

Extended data:

Precautions for account precious metals investment:

Precious metals trading in ABC accounts can trade varieties of gold, silver, platinum and palladium, and customers can choose RMB or USD as the investment currency.

Precious metals in the Agricultural Bank account support 24-hour trading, and the trading time is from 8: 00 am every Monday to 4: 00 am on Saturday.

If RMB gold, RMB silver, RMB platinum and RMB palladium are selected, the trading unit shall not be less than1g; If USD gold, USD platinum and USD palladium are selected, the trading unit shall not be less than 0.1oz; As for USD silver, the trading unit cannot be lower than 1oz.

There is no account opening fee and handling fee for precious metals trading in ABC account, and no physical delivery is required. Two-way transaction is supported, and the transaction mode of selling first and buying later is provided.

Baidu Encyclopedia-Account Precious Metals

People's Daily Online-China Agricultural Bank Qingyunpu Scenic Resort Scenic Area Sub-branch successfully marketed a precious metal sales order.