CME Cuts Gold, Silver, Platinum And Copper Margins

NexusFi · 2012-02-09T20:27:22-05:00

It has been so long since the CME cut gold and silver margins that frankly we are a little bit stunned... In an extended announcement (, which saw outright margins for virtually every commodity get cut, the CME just lowered Initial and Maintenance margins of gold (by 12%) and silver (13%), to $7500 maintenance for GC and $16000 maintenance for SI. Did the paper bull trap season just open? And how long before these are re-hiked by 15%, 20% or more? For now, however, this is certainly near-term bullish. …

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Updated February 10, 2012

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CME Cuts Gold, Silver, Platinum And Copper Margins

February 9th, 2012, 08:27 PM	#1 (permalink)
kbit Aurora, Il USA Elite Member Experience: Advanced Platform: TradeStation Trading: futures Posts: 5,854 since Nov 2010 Thanks Given: 3,295 Thanks Received: 3,364	It has been so long since the CME cut gold and silver margins that frankly we are a little bit stunned... In an [COLOR=#0000ff]extended announcement[/COLOR], which saw outright margins for virtually every commodity get cut, the CME just lowered Initial and Maintenance margins of gold (by 12%) and silver (13%), to $7500 maintenance for GC and $16000 maintenance for SI. Did the paper bull trap season just open? And how long before these are re-hiked by 15%, 20% or more? For now, however, this is certainly near-term bullish. CME Cuts Gold, Silver, Platinum And Copper Margins \| ZeroHedge

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Last Updated on February 9, 2012