Silver futures in China have hit their limit-up, while gold prices have reached new highs amidst geopolitical tensions and central bank buying. Shanghai silver has risen by 3% to the highest level since August 2020. Iron ore futures in China have also surged by 3.9%, returning to the 800 yuan mark. Additionally, Shanghai silver futures are up 2.70% with over $2 billion notional traded. The Shanghai Futures Exchange has imposed transaction limits on gold and copper futures to manage recent trading price risks.
As prices shoot up, #ShanghaiFuturesExchange slaps limits on both gold and copper as contracts hit new highs https://t.co/fs9MxKtWvb https://t.co/yjePHSZ6qB
#BREAKING The Shanghai Futures Exchange has imposed transaction limits on #gold and #copper futures to control recent trading price risks. The daily opening position limit has been set at 2,800 lots for gold and 2,000 lots for copper. #China https://t.co/kaoxuEeKxO
#BREAKING The Shanghai Futures Exchange has imposed transaction limits on #gold and #copper futures to control recent trading price risks. The daily opening position limit has been set at 2,800 contracts for gold and 2,000 contracts for copper. #China https://t.co/kaoxuEeKxO
⚡Metals open up in #China on Wednesday morning. #Tin +3.5%, #zinc +2%, #nickel +1.6%, #aluminum +0.4%, #copper +0.1%. Shanghai #Gold +0.3%, and #silver up 0.6%. #IronOre rises 1.75%, erasing one month loss. #Steel rebars up 0.45%. INE crude oil is down 1%. #OOTT https://t.co/ihndCYCPwT
#China's #IronOre futures hit highest since early Mar on expectation of policy support, steelmakers' restocking https://t.co/qYPJOHSBKL
Shanghai Silver futures are up 2.70% with over $2 billion notional traded so far
⚡The most-active Dalian #IronOre futures jumped by 3.9%, returning to the 800 yuan mark. #China https://t.co/6Row4Hyaie https://t.co/tL3Hy21EvC
Shanghai #sliver rises another 3% on Tuesday morning, to the highest since August 2020. #China #gold https://t.co/GJTRIq4r3W https://t.co/rOfEP2NcyQ
#China's #silver futures hit limit-up, #gold hit new high amid geopolitical tensions, central bank buying https://t.co/lqFzUS6jbo
Silver limit up in China https://t.co/x6YqlLGRY5