Bangkok: TFEX announced an adjustment to the Daily Price Limit of gold and silver futures contracts today. The adjustment comes in response to volatility in the global gold and silver markets, following a -20% drop in Silver Online Futures contracts. The Daily Price Limit has been adjusted to ±30%, effective from 2:00 PM today. TFEX will closely monitor the situation and advises investors to exercise caution.
According to Thai News Agency, the current high volatility in global gold and silver prices, which serve as the underlying assets for Gold Futures (10/50 Baht), Gold Online Futures, and Silver Online Futures contracts, has rendered the daily price limit insufficient to meet trading volume. This situation makes it challenging to accurately reflect market conditions for futures contracts.
In cases where the trading price fluctuates to the Daily Price Limit of +/- 20%, TFEX may temporarily adjust the Daily Price Limit to +/- 30% and +/- 100%, respectively, during the day. This measure is intended to ensure that trading reflects the actual price of the commodity in the global market.
At present, the trading price of Silver Online Futures on February 2, 2026, has experienced a change of -20%. Consequently, TFEX will adjust the Daily Price Limit to +/- 30%, which will become effective from 2:00 PM onwards. If the trading price changes by +/- 30%, the limit will be adjusted to +/- 100%. TFEX plans to revert the Daily Price Limit to normal when the daily settlement price is announced again before the night session.
TFEX is committed to closely monitoring the situation and is prepared to implement appropriate measures for highly volatile asset-referenced products, in line with international standards, to ensure that prices reflect market mechanisms. Investors are advised to exercise caution in trading and to closely monitor information.