All Members,
In accordance with the holiday schedule for the Dragon Boat Festival, SGE will be closed from May 31, 2025 (Saturday) to June 2, 2025 (Monday). There will be no night session trading on May 30, 2025 (Friday), and normal trading will resume on June 3, 2025 (Tuesday).
To prevent potential price fluctuations in gold and silver during the holiday period in the international market, in accordance with the relevant provisions of the Measures for the Administration of Risk Control of Shanghai Gold Exchange, SGE will adjust margin ratios and price limits for gold and silver deferred contracts. The details are as follows:
1. Starting from the closing settlement on May 27, 2025 (Tuesday):
The margin ratio for Au(T+D), mAu(T+D), Au(T+N1), Au(T+N2), NYAuTN06, and NYAuTN12 contracts will be adjusted from 13% to 14%. The price limit will be adjusted from 12% to 13% starting from the next trading day. The margin ratio for Ag(T+D) contract will be adjusted from 16% to 17%. The price limit will be adjusted from 15% to 16% starting from the next trading day.
If a limit-locked market occurs on May 27, 2025, higher margin ratios and price limits between the rates mentioned above and the rates in accordance to the Measures for the Administration of Risk Control of the Shanghai Gold Exchange will be adopted..
2. After resuming trading on June 3, 2025 (Tuesday), starting from the closing settlement of the first trading day without a limit-locked market:
The margin ratio for Au(T+D), mAu(T+D), Au(T+N1), Au(T+N2), NYAuTN06, and NYAuTN12 contracts will be restored to 13%. The price limit will be restored to 12% starting from the next trading day.
The margin ratio for Ag(T+D) contract will be restored to 16%. The price limit will be restored to 15% starting from the next trading day.
All members shall enhance awareness of risk prevention, 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.