Shanghai Gold Exchange adjusts margin levels and price fluctuation limits for silver deferred contracts.

The Shanghai Gold Exchange has issued a notice stating that, in accordance with the relevant provisions of the "Risk Control and Management Measures of the Shanghai Gold Exchange," adjustments will be made to the margin levels and price limit ratios for silver deferred contracts. The relevant matters are as follows: Starting from the close of clearing on January 30, 2026, the margin level for Ag contracts will be adjusted from 19% to 20%, and the price limit for the next trading day will be adjusted from 18% to 19%.