🇨🇳 BREAKING: The Industrial and Commercial Bank of China (ICBC) has issued a risk warning over the recent high volatility in precious-metal prices — including gold and silver — both in China and globally.
🟡 ICBC’s key message:
• Precious-metal markets have been very unstable and price swings significant.
• Investors are urged to assess their own risk tolerance and avoid impulsive trades amid rising uncertainty.
💡 This warning comes as gold and silver prices have seen big moves and sharp swings recently, with some trading restrictions and elevated premiums showing market stress and risk.
📌 In plain language:
China’s biggest bank is basically saying: “Precious metals are volatile right now — be careful, don’t trade emotionally.”
This reflects broader market uncertainty and price swings that can affect both bullion and paper trading.
• “ICBC: Gold & Silver on a Wild Ride — Take Caution.”