Shanghai Gold Exchange: adjusting some contract margin levels and price limits

On April 23, the Shanghai Gold Exchange announced the adjustment of some contract margin levels and price limits. The notice stated that starting from the closing settlement on April 25, 2025, the margin levels for contracts such as Au (T+D), mAu (T+D), Au (T+N1), Au (T+N2), NYAuTN06, NYAuTN12 will be adjusted from 12% to 13%, and the price limit will be adjusted from 11% to 12% starting from the next trading day. The margin level for the Ag (T+D) contract will be adjusted from 15% to 16%, and the price limit will be adjusted from 14% to 15% starting from the next trading day. This article is excerpted from the "Shanghai Gold Exchange"; GMTEight editor: Liu Xuan.