PRECIOUS METALS | Shanghai Futures Exchange Adjusts Margin Requirements for Gold and Silver Contracts

The Shanghai Futures Exchange has announced adjustments to the margin requirements and price limits for certain gold and silver contracts. According to Jin10, the gold AU2704 contract will have a price limit of 17%, with a hedged position margin requirement of 18% and a general position margin requirement of 19%. Meanwhile, the silver AG2703 contract will see a price limit of 20%, with a hedged position margin requirement of 21% and a general position margin requirement of 22%. These changes are effective from the time of listing.