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Shanghai Futures Exchange sets trading limits on gold, copper futures as prices rally
From Reuters
via the Times of India, Mumbai
Wednesday, April 10, 2024
The Shanghai Futures Exchange (SHFE) will impose trading limits on its gold and copper contracts, it said on Wednesday, following sharp price rallies by both metals.
The exchange set the maximum intraday position opening volumes of gold at 2,800 lots and copper at 2,000 lots. The change will start from April 12.
... Dispatch continues below ...
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Guanajuato Silver Reports Best Ever Quarterly Production
Company Announcement
Friday, April 5, 2024
VANCOUVER, British Columbia, Canada -- Guanajuato Silver Co. Ltd. announces consolidated production results for the three months ended March 31, 2024. Production results are generated from the company's wholly owned El Cubo Mines Complex, Valenciana Mines Complex, and San Ignacio Mine in Guanajuato, Mexico, the El Horcon Mine in Jalisco, Mexico, and the Topia Mine in Durango, Mexico.
Production during the quarter of 987,312 silver-equivalent ounces is the best quarter in the company's history since production began at the company's El Cubo mines complex in Q4 2021. ...
James Anderson, chairman and CEO, said: "Q1 generated our best production performance to date and continues the trend of demonstrable quarter-over-quarter increases in precious metals production. ..."
... For the remainder of the announcement:
https://gsilver.com/news/2024/897-uanajuatoilvereportsestveruarterlyroduction20240405
The most-traded SHFE gold contract hit a fresh record of 560.88 yuan ($77.55) per gram today, up 16% from the beginning of the year.
The record followed a global price uptrend amid a favourable mix of emerging inflationary risks and geopolitical tensions which have underpinned the safe-haven metal. ...
... For the remainder of the report:
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