Editor’s Note
China Gold Group has updated its buyback rules for precious metals, citing heightened market volatility and urging customers to exercise caution.
China Gold Group Gold Jewelry Co., Ltd. announced an adjustment to its precious metals buyback business rules. On February 6, the company stated in a related announcement on its official Weibo account that recent precious metals prices have shown significant and intensified volatility, with uncertainty continuing to rise. The company reminded consumers to view market fluctuations rationally and enhance risk prevention awareness.
To adapt to the requirements of precious metals market risk management, enhance operational efficiency and customer service levels, the company will adjust the precious metals buyback business rules for all channels. Starting from February 7, 2026, buyback services for precious metals will be temporarily suspended on Saturdays, Sundays, and statutory holidays, which are non-trading days at the Shanghai Gold Exchange. Additionally, during business hours, quota management will be implemented, including daily cumulative buyback limits per single customer and single transaction buyback total limits, and an appointment system will be enforced. Relevant quotas will be dynamically adjusted based on market conditions.
China Gold Group Gold Jewelry Co., Ltd. is a large professional gold jewelry production and sales enterprise specializing in the operation of the “China Gold” brand, and is a controlling subsidiary of China Gold Group Co., Ltd. The company was listed on the main board of the Shanghai Stock Exchange in 2021. As of the close on February 6, its stock price was 11.42 yuan per share, with a total market value of 19.186 billion yuan.
Other major gold retailers have previously announced similar adjustments. Chow Tai Fook announced on February 2 that starting from February 6, it will temporarily suspend precious metals buyback services on non-trading days and implement quota management for the business. Simultaneously, major state-owned banks have also made corresponding adjustments to gold accumulation plan services. ICBC announced on January 30 that starting from February 7, it will implement quota management for services like gold accumulation plans on non-trading days, with gold withdrawal services unaffected.