Core Viewpoint - The Shanghai Futures Exchange has announced adjustments to the trading margin ratios and price fluctuation limits for futures contracts of copper, aluminum, gold, and silver, in response to recent market volatility, aiming to guide rational investment and maintain market stability [1]. Group 1: Margin and Price Fluctuation Adjustments - Starting from January 22, the margin ratios for gold and silver futures will be adjusted based on expiration months, with ranges of 15%-16% for gold and 15%-17% for silver, corresponding to an increase of approximately 2 percentage points in margin ratios [1]. - The price fluctuation limit for copper and aluminum futures has been set to 8%, with the margin ratio for hedged positions at 9% and for general positions at 10% [1]. Group 2: Market Trends and Sentiment - On January 20, gold prices surged to nearly $4,700 per ounce, while silver prices increased by 6% to surpass $94, approaching the $100 mark [1]. - Despite the bullish market sentiment, there are concerns about overbought risks for gold and silver in the short term, with some foreign investors projecting a high of $6,000 for gold [1].
上期所出手风控!金、银、铜、铝期货同步提保扩板
第一财经·2026-01-20 11:36