The Shanghai Gold Exchange (SGE) issued a notice on December 23, emphasizing strengthened risk control measures amid recent market volatility. The exchange cited multiple factors contributing to instability, with precious metals prices experiencing significant fluctuations.
SGE urged member institutions to enhance risk awareness, maintain contingency plans, and ensure stable market operations. Investors were also advised to exercise caution, manage positions prudently, and adopt rational investment strategies.
Prior to this risk alert, SGE had announced adjusted trading fee rates for 2026 on December 22. Effective January 1 to December 31, 2026: - Au(T+D) and mAu(T+D) contracts: 0.015% fee rate. - Ag(T+D) contracts: 0.012% fee rate. - Physical gold contracts (Au99.99, Au99.95, Au100g, Au99.5): 0.03% fee rate, while silver Ag99.99 contracts will be fee-exempt.
Meanwhile, major commercial banks, including ICBC, CCB, and ABC, have adjusted their proxy trading services for SGE’s individual precious metals business. Measures include closing dormant accounts (no holdings, inventory, or debts) and suspending related functions to align with market dynamics and safeguard investor interests.
Disclaimer: Market risks exist; investments require caution. This AI-generated content is for reference only and does not constitute personal investment advice.
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