Chinese gold and silver investors face gut check amid volatility, fund suspensions

South China Morning PostCenter-RightEN 1 min read 100% complete by Julie ZhangFebruary 2, 2026 at 09:30 AM

AI Summary

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Several gold and silver funds in mainland China have suspended new investments due to recent market volatility. The Harvest Gold Securities Investment Fund announced a suspension of new investments starting Tuesday, following a similar move by E Fund Management's E Fund Gold Theme LOF on Wednesday. These suspensions aim to stabilize operations and protect investors' interests. The moves come after a global precious metals rout on Friday, triggered by the nomination of Kevin Warsh as Fed chairman, which strengthened the US dollar. China also halted trading of a silver futures fund and four oil funds on Friday to mitigate risks, with the UBS SDIC Silver Futures Fund LOF experiencing a significant drop upon resumption of trading on Monday.

Key Entities & Roles

Key Player Opposition Context

E Fund Management 30% Harvest Gold Securities Investment Fund 40% UBS SDIC Silver Futures Fund LOF 40% Kevin Warsh 50%

Keywords

gold 100% silver 90% fund suspensions 80% market volatility 70% investment fund 60% china 50% futures 50% us dollar 40%

Sentiment Analysis

Negative

Score: -0.30

Source Transparency

Source

South China Morning Post

Political Lean

Center-Right (0.50)

Far LeftCenterFar Right

Classification Confidence

90%

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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gold silver fund suspensions market volatility investment fund china futures us dollar

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