{"id":242432,"date":"2026-01-17T04:03:14","date_gmt":"2026-01-17T04:03:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/242432\/"},"modified":"2026-01-17T04:03:14","modified_gmt":"2026-01-17T04:03:14","slug":"chinese-banks-lure-investors-with-gold-linked-deposits-amid-soaring-prices","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/242432\/","title":{"rendered":"Chinese banks lure investors with gold-linked deposits amid soaring prices"},"content":{"rendered":"

An increasing number of Chinese and foreign banks are launching gold-linked structured deposits to attract investors seeking higher returns tied to gold prices, which analysts say provide an alternative to poor returns from time deposits.<\/p>\n

Rising gold prices, which continue to hit new highs this year, are fuelling renewed enthusiasm in gold as an investment in mainland China. While gold has increased 6 per cent this year to over US$4,620 an ounce, a Goldman Sachs forecast last month projected bullion to hit US$4,900 by December 2026.<\/p>\n

Meanwhile, five major state-owned banks, including Bank of China and Industrial and Commercial Bank of China, currently offer 0.95 per cent on a one-year fixed deposit.<\/p>\n

\u201cDeposit rates have been continuously trending downwards, failing to meet investors\u2019 demand for preserving and increasing the value of their assets,\u201d said Fu Yifu, a special researcher at Su Merchants Bank based in Nanjing, Jiangsu province.<\/p>\n

\"ChinaChina Merchants Bank launched its latest gold price-linked structured deposit last wee. Photo: Reuters<\/p>\n

\u201cMeanwhile, gold is a safe-haven asset, and its price movement has a low correlation to traditional assets such as stocks and bonds. When the global economy faces uncertainties, gold tends to be resilient.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"An increasing number of Chinese and foreign banks are launching gold-linked structured deposits to attract investors seeking higher…\n","protected":false},"author":2,"featured_media":242433,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,1657,130364,94271,130361,130363,1247,3468,130365,85,130366,46,68927,22627,1886,14707,130362],"class_list":{"0":"post-242432","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-china","10":"tag-china-merchants-bank","11":"tag-chinese-new-year","12":"tag-dbs-bank","13":"tag-fu-yifu","14":"tag-gold","15":"tag-goldman-sachs","16":"tag-icbc","17":"tag-il","18":"tag-industrial-and-commercial-bank-of-china","19":"tag-israel","20":"tag-jiangsu-province","21":"tag-nanjing","22":"tag-new-york","23":"tag-us-federal-reserve","24":"tag-world-gold-council"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/242432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=242432"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/242432\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/242433"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=242432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=242432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=242432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}