All members:
Pursuant to the holiday schedule, SGE will be closed from May 1 (Friday) to May 5(Tuesday). Trading will resume on May 6(Wednesday). There will be no night session on April 30 (Thursday).
To prevent potential gold and silver price fluctuations 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 the margin ratio and price limit of relevant contracts. The relevant matters are notified as follows:
I. Effective from the close of day-end settlement on April 28, 2026 (Tuesday), the margin ratio for contracts including Au(T+D), mAu(T+D), Au(T+N1), Au(T+N2), NYAuTN06, and NYAuTN12 will be adjusted from 18% to 21%, and the price limit for the next trading day will be adjusted from 17% to 20%; the margin ratio for Ag(T+D) contract will be adjusted from 24% to 27%, and the price limit for the next trading day will be adjusted from 23% to 26%; the margin for CAu99.99 contract will be adjusted from 180,000 yuan per lot to 200,000 yuan per lot.
If a limit-locked market occurs on April 28, and the adjusted margin ratios and price limits according to the relevant provisions of the Measures for the Administration of Risk Control of Shanghai Gold Exchange are higher than the standards mentioned above, the higher standards shall be implemented..
II. After trading resumes on May 6, 2026 (Wednesday), effective from the close of day-end settlement on the first trading day without a limit-locked market, the margin ratio for contracts including Au(T+D), mAu(T+D), Au(T+N1), Au(T+N2), NYAuTN06, and NYAuTN12 will be restored to 18%, and the price limit for the next trading day will be restored to 17%; the margin ratio for Ag(T+D) contract will be restored to 24%, and the price limit for the next trading day will be restored to 23%; the margin for CAu99.99 contract will be restored to 180,000 yuan per lot.
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.