25 Dec 2025 | 5 Mins Read
China Silver Fund Tumbles Amid Frenzy Quell Measures
Flipitmoney
China's UBS SDIC Silver Futures Fund plunged 10% on Thursday, marking its worst day, following weeks of unsustainable gains. The fund's manager warned of steep losses due to the high premium over silver prices. The fund's value reached $72.70 an ounce, with a year-to-date increase of nearly 220%. New subscriptions were limited to 100 yuan from Dec. 26 to curb excessive investments.