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according to the ai ​​news from meijing, on september 24, the shanghai gold exchange issued a notice on market risk control during the 2024 national day. the market will be closed from october 1 (tuesday) to october 7 (monday), and will open as usual from october 8 (tuesday). there will be no night market trading on the evening of september 30 (monday). in order to prevent the price fluctuations of gold and silver in the international market during the holidays, the margin level and price limit ratio of gold and silver deferred contracts and the margin level of performance guarantee inquiry contracts will be adjusted. the relevant matters are hereby notified as follows:

1. starting from the closing settlement on september 27, 2024 (friday), the margin ratio of au (t+d), mau (t+d), au (t+n1), au (t+n2), nyautn06, nyautn12 and other contracts will be adjusted from 11% to 12%, and the price fluctuation limit will be adjusted from 10% to 11% from the next trading day; the margin ratio of ag (t+d) contract will be adjusted from 16% to 17%, and the price fluctuation limit will be adjusted from 15% to 16% from the next trading day; the margin of cau99.99 contract will be adjusted from rmb 71,000 per lot to rmb 72,000 per lot.

if a one-sided market occurs on september 27, and the margin and price limit levels adjusted in accordance with the relevant provisions of the shanghai gold exchange risk control management measures are higher than the above standards, the higher standards shall be implemented.

2. after trading resumes on october 8, 2024 (tuesday), from the closing settlement of the first trading day without a one-sided market, the margin ratio of au (t+d), mau (t+d), au (t+n1), au (t+n2), nyautn06, nyautn12 and other contracts will be restored to 10%, and the price fluctuation limit will be restored to 9% from the next trading day; the margin ratio of ag (t+d) contract will be restored to 15%, and the price fluctuation limit will be restored to 14% from the next trading day; the margin of cau99.99 contract will be restored from rmb 72,000 per lot to rmb 62,000 per lot.

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