Deep Dive: China’s Exit from Retail Paper Gold Trading — Why Beijing Is Curtailing Leverage, Not Gold Ownership
China’s gold market has undergone a quiet but important structural change during 2026. Beginning in June, several major state-linked Chinese commercial banks announced that they would terminate intermediary services for retail customers trading certain Shanghai Gold Exchange (SGE)-linked precious metals contracts. From 24 July, banks including Industrial and Commercial Bank of... Continue Reading























































