3只LOF明日停牌1小时，涉黄金、白银

Core Viewpoint - The recent significant fluctuations in the secondary market trading price of the Guotou Ruijin Silver Futures Securities Investment Fund (LOF) have prompted the company to take protective measures for investors [1][3]. Group 1: Fund Performance and Actions - As of December 23, 2025, the fund's unit net value was 1.8527 yuan, while the closing price on December 24, 2025, was 3.116 yuan, indicating a substantial premium over the net value [3]. - To protect investors, the fund will suspend trading from the market opening on December 25, 2025, until 10:30 AM, with a potential for further suspension if the premium does not decrease [3][4]. - The fund's A-class share subscription limit is currently set at 500 yuan, with plans for adjustments due to the unsustainable high premium in the secondary market [3]. Group 2: Market Context and Other Funds - The recent surge in silver prices has led to significant increases in the Guotou Silver LOF, which is the only fund primarily investing in silver futures, achieving a limit-up on the trading day [3]. - Guotai Fund Management also reported similar issues with its Guotai Commodity Allocation Securities Investment Fund (LOF), indicating widespread volatility and high premiums in the market [3]. - Huatai-PineBridge Fund Management announced that its Gold and Precious Metals Securities Investment Fund (LOF) A-class shares are also experiencing significant premiums, leading to a trading suspension for investor protection [4].