Shanghai Exchange Caps Gold at 2,800 Lots, Copper at 2,000 Amid Price Surge

The Shanghai Futures Exchange has implemented transaction limits on gold and copper futures to mitigate recent trading price risks. The daily opening position limit is now set at 2,800 lots for gold and 2,000 lots for copper. This move comes as prices for these commodities have surged, hitting new highs. The measures are part of efforts to manage market volatility and are effective from April 12.