CME raises margin requirements for gold and silver futures.
amid the sharp drop in gold and silver prices, the Chicago Mercantile Exchange (CME) announced on Friday local time an increase in the margin requirements for Comex gold and silver futures trading. According to the statement, for non-high-risk accounts, the margin for gold futures will be raised from the current 6% of the contract value to 8%, while for high-risk accounts, the margin will increase from 6.6% to 8.8%. For silver, the margin for non-high-risk accounts will rise from 11% to 15%, and for high-risk accounts, it will increase from 12.1% to 16.5%. The margins for platinum and palladium futures will also be adjusted accordingly. The related adjustments will take effect after the close of trading next Monday.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Updated Version 1 - Mattel appoints board member Lynch as CEO, Kreiz leaves
US September ADP employment increased by 90,000, expected 75,000, previous value 38,000

Columbia Banking System updates financial calendar with Q3 earnings release, investor call
