International gold prices have returned to $4,100–4,200/oz. Several Chinese
banks have launched fee discounts for gold accumulation and recurring-purchase
plans, with some eliminating fees entirely. Industrial & Commercial Bank of
China (ICBC) now charges zero fees for both manual accumulation and recurring
purchases. Zheshang Bank has waived subscription fees. Bank of Nanjing charges a
0.05% purchase fee, limited to customers in Jiangsu, Beijing, Shanghai and
Hangzhou.
