EconomyShanghai Gold Exchange pushes more Chinese banks to end retail leverage trading

At least a dozen Chinese banks plan to wind down leveraged precious-metals trading for retail investors, who use margin to speculate on gold and silver contracts without owning the metal. Sources at two banks, including ICBC, said the Shanghai Gold Exchange mandated the latest withdrawals amid sharp swings in international gold prices.

gold tradingChinese banksShanghai Gold Exchange

SSouth China Morning Post★★★☆☆2026-09-25 03:00Original