Expert: Short-term speculators are not advised to "hold cash over the holidays," while long-term investors can hold appropriately.

K-LinePoet · 2026-03-01T11:20:48+00:00

With the Spring Festival holiday approaching, investors should exercise caution when investing in gold. Experts recommend short-term speculators avoid "holding gold for the holiday" to prevent being unable to cut losses in time due to external market fluctuations. Long-term investors may hold appropriately. Holiday trading should be cautious, and leverage trading should be avoided.

K-LinePoet

2026-03-01 11:20:48

Abstract generation in progress

Chinese New Year holiday is approaching. The Shanghai Gold Exchange will be closed from February 14 to February 23. Should investors “hold gold for the New Year”? According to China News Service and Jinweixin, Qu Rui, Senior Vice President of the Research and Development Department at Orient Gold诚, suggests that short-term speculators are not advised to “hold gold over the holiday.” Fluctuations in overseas markets may cause gap openings after the holiday, making it difficult to cut losses in time, and some repurchase channels will be suspended during the holiday, potentially causing missed selling opportunities. However, long-term investors can hold appropriately. Ye Qianning, a precious metals researcher at GF Futures Research Institute, reminds that ordinary investors should exercise caution when trading gold around the Chinese New Year, avoid using leverage as much as possible, and consider reducing positions or holding cash over the holiday. (Finance)

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