上期所提高贵金属保证金比例和涨跌幅

Core Insights - The Shanghai Futures Exchange has increased the price fluctuation limits for gold and silver futures contracts to 14% and adjusted the margin requirements due to rising market sentiment and volatility in precious metals [1][5][6] - Gold has become the most crowded trade according to a recent Bank of America survey, with over 150 billion yuan in capital locked in the domestic commodity futures market [3][6] - Recent price movements in gold and silver have been unprecedented, with gold prices reaching a historical high of 4,378 USD/ounce and a year-to-date increase of nearly 65%, while silver prices have surged over 85% this year [5][6] Group 1 - The Shanghai Futures Exchange issued a notice on October 17, requiring an increase in the price fluctuation limits for gold and silver futures contracts to 14% and adjusting the general margin requirement to 16% [1][5] - The exchange's actions are a response to complex international situations and increased uncertainty due to geopolitical factors, prompting a call for investors to exercise caution [5][6] Group 2 - The total capital in the precious metals futures market reached 154.75 billion yuan on October 17, with a daily inflow of 4.725 billion yuan, indicating strong investor interest in precious metals [6] - The significant accumulation of funds in the precious metals market suggests a potential bubble risk, but the exchange's margin adjustments serve as a protective measure for investors [6]