Gold Volatility! Multiple Banks Take Action, Gold Hoarding May Face "Purchase Limits"

SadMoneyMeow · 2026-03-15T15:35:25+00:00

On March 13th, spot gold prices fell 1.13%, with a cumulative weekly decline of 2.90%. Multiple banks adjusted their accumulative gold trading rules and strengthened risk management controls. For example, China Construction Bank implemented dynamic transaction limit management and extended physical precious metals delivery times. Industry insiders expect more banks will follow suit, reinforcing rule disclosure and investor management.

SadMoneyMeow

2026-03-15 15:35:25

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On March 13, spot gold fell by 1.13%, closing at $5,022.17 per ounce, with a weekly decline of 2.90%, showing a pattern of rising and then falling. As gold prices become more volatile, several banks have simultaneously adjusted their gold deposit trading rules and implemented risk control measures.

Construction Bank announced that it has implemented dynamic trading limit management for “Construction Bank Gold” (including Easy Deposit Gold), with the head office setting a daily total purchase limit for the entire bank based on international market risks. Once the limit is reached, buying will be suspended (selling is unaffected). Additionally, starting from March 3, 2026, the delivery time for physical precious metal orders will be extended to 10-15 working days after the order is placed (no delivery on holidays).

Previously, ICBC has implemented dynamic controls such as daily limits and single transaction limits for Ruyi Gold Deposit Business on non-trading days since February 7, 2026; Zhejiang Commercial Bank also announced at the end of February that it may temporarily close the market and suspend gold buying, selling, and physical exchange transactions in case of abnormal market fluctuations.

Zhaolian’s Chief Economist Dong Ximiao pointed out that banks are shifting from “static defense” to “dynamic game” in risk control, using measures like limits to precisely curb short-term speculation and reduce systemic risk. Broadcom analyst Wang Pengbo stated that this move will restrict short-term trading space and improve risk adaptability. Industry insiders expect more banks to follow suit, while also strengthening rule disclosure and investor suitability management.

(Edited by: Guo Jiandong)

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