The high premium of silver funds has attracted attention; Guotou Silver LOF will be suspended from trading from the opening of the market on December 26 until 10:30 a.m. on the same day.

The Guotou Silver LOF fund announced that it will suspend trading from the market opening on December 26th until 10:30 AM, and will resume trading at 10:30 AM. The current subscription limit for Class A shares is 500 yuan. The fund manager stated that it will adjust the subscription limit and warned that the high premium rate in the secondary market is unsustainable, urging investors to be wary of the risks. Silver prices have recently surged, with London silver closing at $71.81 per ounce on December 24th, a year-to-date increase of over 140%. The Guotou Silver LOF has hit its daily limit for three consecutive days, with a premium rate as high as 68.19% and a year-to-date increase of 254.9%. In addition, commodity LOFs and resource LOFs have also collectively hit their daily limits, but several fund companies have issued high premium risk warnings and announced short-term trading suspensions.