银、锡价格飙涨，交易所午间出手严打违法违规

Core Viewpoint - The article discusses the recent surge in metal prices, particularly gold and silver, and the regulatory actions taken by the Shanghai Futures Exchange to curb excessive trading and maintain market order [3][4]. Group 1: Price Movements - On January 26, 2026, the spot price of gold in London surpassed $5000 per ounce, reaching a historical high, while silver also continued to rise above $100 per ounce [3]. - In the domestic futures market, the main gold futures contract in Shanghai hit a new high of 1147 yuan per gram, and the main silver futures contract increased by over 13%, peaking at 28226 yuan per kilogram [3]. - The main tin futures contract also reached a new high of 462720 yuan per ton, with an intraday increase of over 9% before experiencing a pullback [3]. Group 2: Regulatory Actions - On January 26, the Shanghai Futures Exchange announced restrictions on 16 clients involved in tin and silver futures trading for failing to declare actual control relationships, imposing a one-month limit on new positions and withdrawals [3]. - Prior to this, on January 21, the exchange had already restricted certain clients for exceeding trading limits, indicating a proactive approach to enforce compliance with trading regulations [4]. - The exchange has also adjusted trading limits and margin requirements for various futures contracts, including nickel, aluminum, lead, and zinc, to enhance market regulation [4][5].