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CME Announces Increase in Silver Futures Margin; Mar Silver Futures Surge 6.3%
After silver prices soared to historic highs this week, the Chicago Mercantile Exchange Group (CME) raised the margin requirements for New York Stock Exchange (NYSE) silver futures...
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CME Announces Increase in Silver Futures Margin; Mar Silver Futures Surge 6.3%
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After silver prices soared to historic highs this week, the Chicago Mercantile Exchange Group (CME) raised the margin requirements for New York Stock Exchange (NYSE) silver futures.

The margin for non-high-risk contracts will increase from the current 9% to 11%, while the margin for high-risk contracts will rise from the current 9.9% to 12.1%.

Related NewsEIA Crude Oil Stocks Change for Jan/23 in United States is -2.296M, lower than the previous value of 3.602M. The forecast was 1.75M.
The margins for platinum and palladium futures will also be raised, with these adjustments taking effect from the close of trading on Wednesday (28th).

Silver futures for March delivery surged 6.3% to USD112.635 per ounce, while spot silver also lifted 0.7% to USD112.8955.

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