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Informist, Wednesday, Dec. 31, 2025

 

MUMBAI – The Chicago Mercantile Exchange announced it would raise margins on precious metal futures for the second time in a week. The group has increased the margin for silver futures by 30% from $25,000 to $32,500, and for gold by 9% from $22,000 to $24,000, it said in a release.   

 

The move follows a review of "market volatility to ensure adequate collateral coverage," the group said. The higher margins for gold and silver contracts will take effect after trading ends on Wednesday. Silver has been especially volatile, with the most-active March silver contract on COMEX hitting a record high of $82.315 per ounce on Monday.

 

Futures contracts of silver and gold on the Multi Commodity Exchange of India and COMEX fell on Wednesday after CME Group announced it would raise margins for the precious metals, said Manoj Jain, director, Prithvi Finmart. At 1356 IST, the most-active March silver contract on the MCX was down 5% at INR 237,775 per kilogram, and the March silver contract on COMEX was down 8% at $71.89 per ounce.

 

At 1337 IST, the most-active February gold contract on the MCX was down 0.9% at INR 135,503 per 10 grams. The most-active February gold contract on COMEX was down 1% at $4,336.2 per ounce.  End

 

US$1 = INR 89.88

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Reported by Reshma Ravi

Edited by Avishek Dutta

 

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