Major Chinese banks suspend new gold trading accounts and raise margins after prices hit $5,600 per ounce then crashed 12% in 30 hours on the Shanghai Gold

Risk controls intensify as banks seek to curb leveraged trading despite expectations of resilient long-term gold demand.

Major Chinese banks suspend new gold trading accounts and raise margins after prices hit $5,600 per ounce then crashed 12% in 30 hours on the Shanghai Gold