Since the beginning of this year, against the backdrop of the increasing popularity of gold investment, credit card speculation has become frequent. Multiple banks have warned about related risks. Recently, Jiangsu Bank issued a notice on further clarifying that credit card funds cannot be used for gold investment. Prior to this, Industrial Bank had also issued relevant announcements to strictly control credit card "gold speculation" behavior. Multiple banks have warned of risks. Jiangsu Bank stated in the announcement that gold prices have fluctuated greatly recently, and criminals have used various means to induce cardholders to invest in credit card "gold speculation". Such behavior not only violates credit card usage regulations, but also carries huge risks. If the fluctuation of gold prices leads to losses, cardholders need to bear the cost of price differences, handling fees, and other expenses on their own. Jiangsu Bank emphasizes that credit cards are only used for daily consumption by cardholders and credit card funds cannot be invested in any form in the field of wealth management, including but not limited to investment precious metals such as gold, stocks, funds, etc. Industrial Bank previously issued a related announcement, clarifying that credit card funds cannot be used for gold investment. Industrial Bank stated that it will adjust the scope of relevant restricted areas and transaction limits in a timely manner according to regulatory requirements and risk management needs. If there are regulatory restrictions or risk characteristics identified by the bank in cardholder credit card transactions, it may lead to transaction failure. The bank has the right to take risk control measures including but not limited to reminders, reductions, restrictions on transactions, restrictions on installment payments, and requests for early repayment. There are multiple risks involved in using credit card funds for gold investment, mainly including leverage risk, cost of funds risk, and credit risk Du Yang, a researcher at the Bank of China Research Institute, told Securities Daily reporters that credit card funds belong to short-term lending nature. If investors use them for gold investment, they are actually using leverage trading, which will amplify the risks brought by market price fluctuations, especially when the gold market is volatile, investors may face huge losses due to leverage. In addition, credit card overdraft funds are often accompanied by high interest costs. Even if banks offer interest free periods in the short term, once overdue or unable to repay in a timely manner, interest expenses will further erode investment returns, and may even exceed the potential returns of gold investments. Du Yang further stated that banks strictly restrict the flow of credit card funds into the gold investment market, and the operation of some investors cashing out gold through credit cards is a violation of regulations. The rational treatment of precious metal investment banks and the strict control of credit card "gold speculation" also indirectly reflects the "heat" of gold investment in banking channels. In fact, in order to curb irrational gold investment, several banks have announced an increase in the minimum deposit requirements for deposit gold products since the beginning of this year, with some banks raising them twice. Recently, China Merchants Bank issued a notice on adjusting the minimum subscription amount and risk warning for gold accounts. Starting from March 27, 2025, the minimum purchase amount for current gold accounts and the minimum investment amount for fixed gold accounts will be adjusted from 700 yuan/gram to 750 yuan/gram. This is the second time this year that China Merchants Bank has raised the minimum deposit requirement for its deposit gold products. According to the reporter's analysis, since the beginning of this year, several banks including Bank of China, China Merchants Bank, and Industrial Bank have announced an increase in the minimum deposit requirements for their deposit based gold products. In addition to raising the subscription threshold, many banks have also announced a reduction in interest rates related to their gold account business. What the market is generally concerned about is how investors should rationally view gold investment against the backdrop of fluctuating and rising gold prices? Du Yang stated that in the current volatile gold market, investors should maintain a rational investment mentality and adopt a prudent investment strategy. Firstly, investors should clarify their investment goals, determine the investment ratio based on their own risk tolerance, avoid using gold as the only investment tool, and reasonably diversify risks. Secondly, investors should choose gold investment channels based on their own needs. If they hope to obtain high liquidity and convenience, they can choose gold accumulation business or account gold; If the value preservation function is more important, physical gold can be considered. Again, investors should closely monitor the gold market situation and understand the key factors that affect gold prices, such as the Federal Reserve's interest rate policy, global economic conditions, inflation levels, etc., in order to buy or sell at the appropriate time. Finally, it is important to avoid blindly adding leverage and prevent risks caused by market fluctuations. Lou Feipeng, a researcher at China Postal Savings Bank, stated that investing in precious metals is an effective way to maintain and increase asset value. Investors need to make reasonable investments based on their own investment experience, investment ability, and expected returns. In addition to investing directly in precious metals, investors can also invest through gold ETFs and related wealth management products. Investors should pay attention to the relevant policy adjustments of banks, understand the trading rules, fees, interest rates, and other details of products such as account gold and deposit gold. Against the backdrop of uncertainty in the gold market, they should adhere to the strategy of long-term investment and buying in batches, thereby hedging against the risks brought by short-term market fluctuations and achieving stable asset appreciation Du Yang stated. (New Society)