Wednesday, August 24, 2011

CME Hikes Gold Margin Requirements Again

CME Group announced another increase in margin requirements to trade gold after
the market close on Wednesday. The exchange raised initial margin requirements
rose to $9,450 from $7,425 per 100-ounce contract, and maintenance margin
requirements to $7,000 from $5,500. The margin increases go into effect as of
the close of trading on Thursday. CME last raised gold margin requirements two
weeks ago.

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