Mainland investors faced difficult decisions as gold and silver prices extended their rout on Monday in domestic trading, with some rushing to buy the dip ahead of the Lunar New Year holiday and others retreating to the sidelines.
Shanghai silver futures dropped 17 per cent to 24,832 yuan (US$3,572) per kilogram as of 2pm, while gold futures declined more than 15 per cent.
The UBS SDIC Silver Futures Fund, a Shenzhen-listed open-ended fund that mainly tracks Shanghai silver futures prices for…
Gut-check time: how Chinese gold and silver investors assess the metals’ volatility
