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Notice on Adjusting Margin Rate and Price Limit for Certain Contract

Date: 2026-01-28

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All Members,
In accordance with the relevant provisions of the Measures for the Administration of Risk Control of Shanghai Gold Exchange, SGE adjusts the margin rate and price limit for the Ag(T+D) contract. The relevant matters are hereby notified as follows:
Effective from the day-end settlement on January 30, 2026 (Friday), the margin rate for the Ag(T+D) contract shall be adjusted from 19% to 20%, and the price limit shall be adjusted from 18% to 19% starting from the next trading day.
All members are requested to enhance risk awareness, make detailed risk contingency plans, advise investors to strengthen risk prevention, reasonably control positions, invest rationally, and ensure stable and healthy market operation.

Shanghai Gold Exchange
January 28, 2026

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