News

Home > News >

Company News About Gold Prices Soar, Bank Safe Deposit Boxes Run Out: Personal Safes Demand Rises

Gold Prices Soar, Bank Safe Deposit Boxes Run Out: Personal Safes Demand Rises

2026-07-09

BEIJING / LONDON – As gold prices continue their historic rally, a global shortage of bank safe deposit boxes has emerged, driving a surge in demand for personal safes and private vaulting services. From Beijing to Berlin, consumers who have flocked to buy physical gold are finding that storing their newfound wealth has become nearly as challenging as acquiring it.

In China, major banks are reporting years-long waiting lists for safe deposit boxes. Industrial and Commercial Bank of China (ICBC) branches in Beijing report all 2,000+ boxes fully occupied, while a China Merchants Bank branch has a waiting list of approximately 1,000 customers, with some applicants facing waits of five to six years .

Personal Safes: A Growing Alternative

Industry observers cite several factors driving the trend:

Personal safes can better protect valuable items, cash, jewelry, important documents, electronic products, core technologies, etc.

Yingbo safe company specialize in providing high-security and durable fireproof and anti-theft safes and related products for families,companies,hotels safes,jewelry companies and gun storage.

Events

News

Cases

Contacts

Contacts: Mr. Pei

Tel: 86--15531810296

Fax: 86--15531810296

Contact Now

Mail Us

About US

Company Profile

Factory Tour

Quality Control

Sitemap

Products

86--15531810296

Qingshan Road 5NO. Wuyi county,Hengshui City,Hebei Provice,China

linkedin facebook

Fireproof Safe Box

Gun Safe Box

Home Safe Box

Commercial Safe Box

Jewelry Watch Winder Safe

Office Safe Box

Smart Safe Box

Jewelry Safe Box

Vault Door

Hotel Safe Box

Electronic Digital Safe

Fireproof Safe Box

Gun Safe Box

Home Safe Box

Commercial Safe Box

Jewelry Watch Winder Safe

Office Safe Box

Smart Safe Box

Jewelry Safe Box

Vault Door

Hotel Safe Box

Electronic Digital Safe

Gold Prices Soar, Bank Safe Deposit Boxes Run Out: Personal Safes Demand Rises

News

Cases

Fireproof Safe Box

Gun Safe Box

Home Safe Box

Commercial Safe Box

Jewelry Watch Winder Safe

Office Safe Box