On November 13, 2025, domestic futures contracts mostly saw gains. Shanghai silver surged over 5%, while polysilicon and apple futures rose more than 3%. Eventbrite Inc. (EB), Shanghai tin, and pure benzene climbed over 2%, with soda ash, rapeseed oil, and 20# rubber gaining nearly 2%. On the downside, Lufax (LU) dropped over 4%, while SC crude oil and fuel oil fell more than 3%. Red dates and European container shipping futures declined over 2%.
Everbright Futures noted that market concerns about economic conditions amid the Fed's reluctance to cut rates, coupled with inflation worries under potential rate cuts, have driven safe-haven demand. Gold maintained a strong upward trend, while silver outperformed even more notably. The gold-silver ratio showed rapid convergence, indicating stronger market confidence in silver's upside potential.