国投白银LOF Hits Limit Up in Afternoon Trading, with a Premium Rate of 51.63%

BlockBeats News, March 2nd, according to Bitget market data, the A-share Guotou Silver ETF (code 161226) touched the daily limit up in the afternoon with a premium rate of 51.63%. In addition, the Gold-themed ETF rose by more than 8%, the Gold ETF rose by more than 5%, and the CCB Gold ETF rose by more than 4%.

The Guotou Silver ETF has repeatedly staged a high premium daily limit surge in the past few months, followed by an extreme market where it hits the limit down, intensifying the emotional and scarcity game. Since the outbreak of the US-Iran conflict last weekend, the silver investment craze has heated up again. However, due to the limited silver investment channels in the A-share market and the very low daily limit for retail investors, incremental funds have flocked to the secondary market to grab shares, leading to a serious premium for the Guotou Silver ETF and deviation from its net asset value. The high premium attracts more speculative funds to hit the limit up, and the premium then further widens, forming a positive feedback loop. Once the silver price retraces, it usually leads to consecutive limit downs. Investors should be aware of the risks.