Shanghai Gold Exchange
2 stories
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financeMajor Chinese Banks Halt Retail Paper Gold Trading On Shanghai Exchange
ICBC and other major Chinese banks are shutting down retail leveraged gold trading services linked to the Shanghai Gold Exchange by July 24.
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financeChina's Banks Restrict Gold Trading After Price Whipsaw
After a 12% gold price surge and crash in January 2026, major Chinese banks suspended new gold accounts and raised margin requirements. The PBOC continues to accumulate reserves, while tokenized alternatives like PAXG attract investors.