调整交易限额！上海期货交易所，连发多条公告！

Core Viewpoint - The Shanghai Futures Exchange (SHFE) has implemented multiple risk control measures for silver futures trading in response to recent market volatility and to curb speculative trading behavior [1][3][10]. Group 1: Risk Control Measures - SHFE has announced adjustments to trading limits, margin requirements, and price fluctuation limits for silver futures contracts, effective from January 9, 2026 [5][7]. - The maximum number of contracts for day trading by non-futures company members and special overseas participants is set at 7,000 contracts [5]. - The price fluctuation limit for silver futures contracts AG2601, AG2602, AG2603, and AG2604 has been adjusted to 16%, with margin requirements for hedging set at 17% and for general positions at 18% [7][9]. Group 2: Market Context - The SHFE's actions are part of a broader strategy to manage speculative funds in the precious metals market, which has seen significant price increases and volatility since December [10]. - As of January 7, silver futures prices fell to $77.613 per ounce, a decrease of 4.23%, while gold futures prices were reported at $4,462.50 per ounce, down 0.75% [10].