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.

PANews reported on December 25th that Guotou Silver LOF announced it will suspend trading from the market opening on December 26th until 10:30 AM, resuming trading at 10:30 AM. The current subscription limit for Class A shares is 500 yuan. The fund manager stated it will adjust the subscription limit and warned that the high premium in the secondary market is unsustainable, urging investors to be wary of the risks.

Silver prices have surged recently, with London silver closing at $71.81 per ounce on the 24th, a year-to-date increase of over 140%. 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 halts.