LOF (Listed Open-end Fund) has dropped by three limits on the stock market, with a premium still exceeding 60%.

Chasing the highs all the way to the mountaintop is the common voice of investors in the National Investment Silver LOF Fund in recent times. Due to the large fluctuations in silver prices, the National Investment Silver LOF Fund has experienced three consecutive limit-downs, but even so, the current premium is still as high as 64.6%. Zhao Xiangbin, a researcher at the Beijing Gold Economic Development Research Center, said that when there is a demand for safe-haven assets in the market, gold prices often rise first, followed by silver. The lag time can range from a few weeks, months, to even one or two years. Another characteristic of silver is that it is greatly influenced by demand for industrial raw materials and industrial development.