ICBC Halts Personal Precious Metals Trading on Shanghai Gold Exchange From July 24

XAU-2.09%
According to an announcement from Industrial and Commercial Bank of China reported by Jin10, ICBC will discontinue its agency of personal precious metals competitive trading on the Shanghai Gold Exchange effective July 24, 2026, end of day. The affected contracts include Au99.99, Au100g, Au99.95, PGC30g, Au(T+D), mAu(T+D), Ag(T+D), Au(T+N1), and Au(T+N2). Following the closure, existing customers' ability to close positions, sell holdings, and execute delivery operations will be restricted.
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