Silver

ISLAMABAD: A Chinese billionaire who made a fortune betting on gold is now turning his attention to silver, highlighting the dramatic swings and high-stakes strategies in global commodities markets, according to Bloomberg's analysis of exchange data. Bian Ximing, who largely operates from Gibraltar and keeps a low profile, earned almost $3 billion by betting that gold prices would rise on the Shanghai Futures Exchange since early 2022. Now, according to Bloomberg and sources familiar with his trades, he has taken the exchange’s largest “short position” in silver. A short position is a financial bet that the price of a commodity will fall. A short seller sells a particular stock or commodity without having it in hand in anticipation of future delivery at a lower price.  In Bian’s case, this involves roughly 450 tons of silver, equivalent to 30,000 contracts. As silver prices have recently tumbled, this position has already yielded a paper gain of about 2 billion yuan (roughly $288 million), with net profits estimated at 1 billion yuan ($144 million) after factoring in previous trading losses. Trading in futures contracts like these allows investors to profit from both rising and falling prices, but it comes with significant risks. A sudden jump in silver prices could have triggered heavy losses. Bian has already had to liquidate some positions at a loss, Reuters reports, indicating possible volatility in the silver market. Silver’s swings are influenced by global industrial demand, investor speculation, and wider economic factors, making it one of the more unpredictable commodities. Bian’s trades underscore how futures markets amplify both potential rewards and risks, turning metals like silver into vehicles for large-scale speculation. This story illustrates the increasingly sophisticated—and high-risk—strategies used by traders to capitalise on global commodity movements, even by those who already hold enormous fortunes.

Billionaire Trader Bets on Silver’s Fall After Striking Gold in China
Gold Prices Plunge in Pakistan After Global Sell-Off

Gold Prices Plunge in Pakistan After Global Sell-Off
Oil Prices, US, Iran, Talks, Geneva, Markets, Donald Trump,

Oil Prices Jump, Gold Hits Record on Trump’s Iran Threat
Gold Price, Market, Silver, US, Donald Trump, Tariffs, Gold Price Tops $5,000 for First Time on Rising Global Uncertainty

Gold Price Exceeds $5,000 for First Time on Rising Global Uncertainty
US, Gold, Prices, Oil, Crude, Donald Trump, Federal Reserve, Markets,

Gold Prices in Pakistan Rise Rs 3,200 Per Tola to Rs 467,962 Amid Global Gains
Gold Scales Fresh Record In Pakistan As Global Rally Accelerates

Gold Chases Global Trends; Prices in Pakistan Reach Rs 464762
Gold prices Pakistan, Bullion Market, Precious Metals Correction, Silver Prices, Domestic Gold Rate

Gold Sheds Rs 4,000 per tola in Pakistan
Gold Scales Fresh Record In Pakistan As Global Rally Accelerates

Gold Rises Rs 500 Per Tola; Silver Hits Record High in Pakistan
Gold

Gold Rises on Strong Global Cues, Crosses Rs 444,000 Per Tola
US, Gold, Prices, Oil, Crude, Donald Trump, Federal Reserve, Markets,

Gold Price Falls in Pakistan as Global Market Dips

Latest

EU Chief Condemns Houthi Attacks Against Saudi Arabia

EU Chief Condemns Houthi Attacks Against Saudi Arabia
Pakistan Raises Petrol Price by Rs4.42, Diesel by Rs6.10 per Litre Amid Surge in Oil Prices

Pakistan Raises Petrol Price by Rs4.42, Diesel by Rs6.10 per Litre Amid Surge in Oil Prices
Taliban Detain at Least 20 Women and Girls in Kabul: Afghan Media

Taliban Detain at Least 20 Afghan Women and Girls in Kabul: Afghan Media
Pakistan Pavilion Attracts Visitors at Abu Dhabi International Book Fair 2026

Pakistan Pavilion Attracts Large Number of Visitors at Abu Dhabi International Book Fair 2026
Kashmiri Political Leader Denies Letter Circulating on Social Media

PML-N Azad Kashmir Leader Denies Fake Letter Circulating on Social Media
Trump Blasts 'Conspiracy' Against AI as Warnings of Risks Mount

Trump Blasts ‘Conspiracy’ Against AI as Warnings of Risks Mount
Chief Minister KP Turns Himself in After Failing to Mobilise People in Punjab

Chief Minister KP Turns Himself in After Failing to Mobilise People in Punjab
Pakistan Reiterates Support for Lebanon's Sovereignty

Pakistan Reiterates Support for Lebanon’s Sovereignty
Islamic Military Coalition, Oman Agree to Strengthen Counter-Terrorism Cooperation, Maritime Security

Islamic Military Coalition, Oman Agree to Strengthen Counter-Terrorism Cooperation, Maritime Security
US Open to Talks with Iran: Trump

US Open to Talks with Iran: Trump