Notification on Adjusting Price Limits and Margin Rate of Au (T+N2)

Date: 2019-08-05

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Dear members,

In view of the large increase in gold prices, If Au (T+N2) contract’s closing price hits its price limit today and a limit-locked market occur, according to Measures for the Administration of Risk Control of the Shanghai Gold Exchange, as of after-hours clearing today (August 5th, 2019), margin rate for Au (T+N2) will be adjusted from 6% to 9%, and its price limit will be adjusted from 5% to 8% starting from the next trading day (August 6th, 2019).

All members are requested to properly conduct risk control and remind customers of risk control, prudent operation and rational investment in advance.

Shanghai Gold Exchange
August 5th, 2019

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