All members,
According to the  Announcement of Trading Schedule during Public Holidays for Year 2025, SGE will be closed on January 1, 2025 (Wednesday), and will resume trading on January 2, 2025 (Thursday). There will be no night trading session on December 31, 2024 (Tuesday).

During the New Year's Day holiday, margin ratios and price limits for deferred contracts and performance-guaranteed price asking contracts will remain unchanged. If a limit-locked market occurs on December 30 (Monday), SGE will increase the margin ratios and price limits for relevant contracts in accordance with the Measures for the Administration of Risk Control of Shanghai Gold Exchange.

After resuming trading on January 2, 2025 (Thursday), starting from the day-end settlement of the first trading day without a limit-locked market, the margin ratio for Ag(T+D) will be adjusted from 15% to 13%, and the price limit will be adjusted from 14% to 12% starting 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.