年内数次发布风险提示 国投白银LOF日涨逾9%

Core Viewpoint - International silver futures prices have reached new highs, leading to a significant increase in the domestic silver fund, Guotou Silver LOF, which saw a rise of over 9% on January 14, 2026. The fund has issued multiple risk warnings since late 2025, indicating volatility and potential risks for investors [1][2]. Group 1 - On January 14, 2026, the spot silver price broke the $90 per ounce mark for the first time, reaching a peak of $91.551 per ounce, with COMEX silver futures also hitting historical highs [1]. - The Guotou Silver LOF's secondary market price closed at 2.998 yuan on January 14, 2026, with a premium rate exceeding 26% compared to the net asset value [2]. - The fund has issued a total of 26 risk warning announcements since December 2025, reflecting ongoing price volatility and market conditions [1]. Group 2 - The fund's management has implemented a purchase limit since December 26, 2025, restricting individual accounts to a maximum of 100 yuan in daily purchases for C-class fund shares [2]. - Industry experts caution that despite the fund's unique position as the only public product tracking silver futures in China, its current price is significantly detached from the underlying fundamentals, posing risks for investors [2]. - The fund's valuation method, based on settlement prices of silver futures contracts, can lead to discrepancies between the market price and the actual value, especially during periods of price fluctuations [2].