PANews reported on November 3rd that, according to a Ministry of Finance announcement, the "Announcement on Relevant Tax Policies for Gold" will be officially implemented from November 1st, 2025 to December 31st, 2027, clarifying the value-added tax (VAT) collection standards for "investment gold" and "non-investment gold." The new regulations classify gold types based on "purity + function," aiming to regulate the market, curb arbitrage, and reduce the cost of compliant investment. Industry experts say this move will guide funds towards highly liquid products such as standard gold and ETFs, and will have no direct impact on ordinary consumers.