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.