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Jai Hamid

CME Group lifts Comex gold margins to 8% and silver to 15% after rout

CME Group increased initial margin requirements on Comex metals after a severe selloff, setting gold at 8% and silver at 15%, effective from Monday's close. Gold futures fell 11.4% and silver futures dropped 31.4% on Friday, while risk-tiered margin levels for both metals also moved higher alongside planned increases for platinum and palladium.