Skip to content
Subscriber Only

CME Hikes Silver Margins After Prices Surge to Eight-Year High

Precious Metals Refining At The JSC Krastsvetmet Plant
Photographer: Andrey Rudakov/Bloomberg

The CME Group is raising margins on Comex silver futures by 18% after futures surged to an eight-year high, the exchange said in a statement.

Margins will rise to $16,500 per contract from $14,000, effective Feb. 2, according to the exchange. The decision is based on “the normal review of market volatility to ensure adequate collateral coverage,” it said in a statement.