
China Futures Association: The trading volume of gold and silver futures has surged, beware of technical corrections in gold and silver prices
According to data from the China Futures Association, in September, the trading volume of gold futures on the Shanghai Futures Exchange was 8.6579 million lots, a month-on-month increase of 78.49%, with a transaction value of 7.23 trillion yuan, a month-on-month increase of 90.99%. The cumulative transaction value this year reached 60.93 trillion yuan, a year-on-year increase of 112.46%. In September, the trading volume of silver futures on the Shanghai Futures Exchange was 27.5058 million lots, a month-on-month increase of 125.59%, with a transaction value of 4.18 trillion yuan, a month-on-month increase of 147.92%. Industry insiders remind that recently, the prices of gold and silver have surged rapidly, and market sentiment is high; investors must be vigilant against the risks of technical corrections and increased volatility

