A Chinese billionaire who made massive gains betting on gold is now wagering big on silver prices. His bold trades are stirring global market debates and investor curiosity
While many investors debate between gold and silver, Bian made an early call. In 2022, he began taking bullish long-term positions on gold contracts at the Shanghai Futures Exchange despite scepticism. His prediction of rising prices eventually paid off.After earning heavily from gold futures during the 2025–26 rally, Bian has shifted focus to silver, but with a bearish outlook. He believes silver prices may fall soon and has placed large short bets expecting a quick correction.Bian’s silver prediction has sparked debate among investors. While many expect prices to rise, his bearish stance has drawn global attention. Since precious metal prices move similarly worldwide, investors everywhere are watching closely.Interestingly, Bian had taken a long position on silver in August 2025 and reportedly earned over $180 million as prices surged. By November, he switched to short-term bets, signalling a shift in strategy as he anticipated a downturn.Bian now holds one of the largest net short positions in silver on the SHFE — nearly 30,000 contracts, or about 450 tonnes. A recent 16% price fall reportedly earned him massive profits, strengthening his overall gains despite minor losses.Operating from Gibraltar through his brokerage Zhongcai Futures Co., Bian maintains a low profile but strong market influence. With gold and silver turning highly volatile in 2026, his strategies are closely watched by global investors.
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Gold and silver are not daily essentials, yet their sharp price swings keep them in global focus. While the discussion is moderate in India, it is intense in China, where gold demand is huge. Amid this buzz, a Chinese billionaire has reportedly made thousands of crores by betting big on gold.
