Shanghai Gold Exchange: Notice on Adjusting the Margin Level of Silver Futures Contracts and Price Limits

The Shanghai Gold Exchange has issued an announcement that, according to the relevant provisions of the "Risk Control Management Measures of the Shanghai Gold Exchange," the Exchange has decided to adjust the margin level and the limit-up and limit-down ratio for silver deferred contracts. Starting from the close of clearing on February 3, 2026, the margin level for Ag contracts will be adjusted from 26% to 23%, and the limit-up and limit-down range will be adjusted from 25% to 22% starting from the next trading day. All members are requested to enhance their risk prevention awareness, make detailed and effective risk emergency plans, remind investors to do well in risk prevention work, properly control their positions, invest rationally, and ensure the stable and healthy operation of the market.