According to a report in China Daily on February 14, 2026
China’s leading gold companies are revising their repurchase policies in response to heightened price swings in the global precious metals market, signaling a strategic shift toward risk management and operational efficiency.
China National Gold Group Co Ltd recently announced it would suspend gold repurchase services on Saturdays, Sundays, and public holidays, aligning with the Shanghai Gold Exchange’s non-trading days. The move affects both physical store and online channels.
Similarly, Caibai Co Ltd has reduced its daily buyback limit from 200 kilograms to 100 kilograms and halted transactions during non-trading days across all channels.
Why the Change
The companies cited intensified market volatility and growing uncertainty in global financial markets as primary reasons for the adjustments. Analysts note that the high fluctuation of gold prices creates operational challenges in pricing and inventory management for repurchase services.
Liu Zhigeng, a fiscal and tax expert, stated that the suspension and limit adjustments reflect efforts to mitigate operational and financial risks while maintaining sustainable business practices.
Investment Perspective
Despite recent turbulence — with COMEX gold futures dropping to $5,088 per ounce — JPMorgan remains bullish on gold’s long-term prospects, raising its year-end 2026 forecast to $6,300 per ounce. The bank cites continued demand from central banks and institutional investors, as well as ongoing macroeconomic and geopolitical uncertainties, as key drivers supporting gold’s role as a safe-haven asset.
For international investors, the policy changes indicate that Chinese gold firms are adapting to volatile conditions, while gold remains a resilient investment option in a diversified portfolio.
Takeaways for Investors
Operational caution: Non-trading day suspensions reduce exposure to extreme price swings.
Market volatility awareness: Short-term fluctuations do not undermine long-term demand trends.
Strategic positioning: Investors should consider China’s gold market dynamics within global portfolio allocation.
The adjustments provide a clear signal that Chinese precious metals firms are balancing risk management with investor confidence, while gold continues to serve as a key instrument in portfolios seeking protection from macroeconomic uncertainties.