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CME Raises Gold, Silver Margins in Wake of Historic Precious Metals Crash

From fxleaders.com

CME Group is increasing margins on Comex gold and silver futures. The exchange said in a statement on Friday that gold margins will increase from the current 6 percent for a non-heightened risk profile to 8 percent of the underlying contract’s value. According to the report, the elevated risk profile margins will rise from the current 6.6 percent to 8.8 percent. According to the statement, silver margins for non-heightened risk profiles will increase to 15 percent from 11 percent, while those for heightened risk profiles will increase to 16.5 percent from 12.1 percent. The margin on palladium and platinum futures ... (full story)

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  • Category: Fundamental Analysis