In the mainland, channels for investing in silver
Silver futures: High threshold, one contract price exceeds 400,000, margin reaches 100,000, not friendly to ordinary investors.
Bank channels: Previously opened accounts can continue trading, but most investors have not opened accounts and it is now suspended.
Paper silver: Gradually suspended since 2022, currently only paper gold is available for trading.
Physical silver: Can be purchased from banks or designated channels, authenticity guaranteed and recyclable, but convenience is poor.
Silver-related stocks: Low threshold but serious speculation, some companies like 'Silver Nonferrous' are actually place names, making investment difficult.
Silver LOF funds: The only fund that can invest in silver, but there are subscription limits and high premiums in the market. Subscriptions will be suspended from the 28th, and ordinary investors lose the channel to buy at par.