Loading ...I think I found the confusion.
I went to Grok to question their findings.
This is what may have caused the rumor to start.
What likely caused the confusion:
- Silver LOF fund halts: Several China-listed silver futures funds (e.g., Guotou Ruiyuan Silver LOF or similar products like UBS SDIC/Guotou Ruiyin) have faced temporary trading suspensions or pauses in 2026. These are often short (e.g., from market open until 10:30 a.m.) due to large premiums/discounts to net asset value, to protect investors. One such notice involved a halt starting around April 15–16 for a fund, but this is not the futures contracts themselves on SHFE.
- Earlier 2026 measures: SHFE did tighten rules on silver futures multiple times in January–February (e.g., reducing intraday opening limits, raising margins to 19–21%, delivery restrictions favoring approved hedgers, and penalizing suspected违规 trading). These addressed overheating, high premiums, and physical inventory drawdowns—but they were not full halts and occurred months earlier.
- Sensational claims often exaggerate fund-level pauses or past risk controls into “full market halts.”
Silver markets have seen volatility in 2026 due to structural deficits, industrial demand, geopolitical factors, and China-specific issues (e.g., export licensing requirements starting January 2026 and physical inventory pressures at SHFE). However, futures trading on SHFE has continued, with occasional targeted interventions rather than outright stops.
If new official notices emerge, they would appear first on shfe.com.cn. For real-time confirmation, check SHFE directly or reputable financial wires rather than unverified social media or video claims. Silver prices were actively quoted around $79–80/oz in mid-April 2026 contexts, consistent with ongoing global and Chinese trading.