All Members:

In accordance with the relevant provisions of the "Measures for the Administration of Risk Control of Shanghai Gold Exchange," SGE will adjust margin rates and price limits for gold and silver deferred contracts. The specific details are as follows:

As of after-hours clearing on May 21 2024（Tuesday） ,  margin rates for Au (T+D), mAu (T+D), Au (T+N1), Au (T+N2), NYAuTN06, and NYAuTN12 contracts will be adjusted from 9% to 10%, and the price limit will be adjusted from 8% to 9% from the next trading day. For Ag (T+D) contract, the margin rate will be adjusted from 12% to 13%, and the price limit will be adjusted from 11% to 12% from the next trading day.

All members shall raise risk prevention awareness, make detailed risk contingency plans, remind investors to be prudent in risk prevention, reasonably control positions, be rational during trading and ensure the stable and healthy operation of the market.