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Bloomberg reported that CME Group Inc. increased minimum cash deposits for gold and silver trading.
Bloomberg reported that CME Group Inc. increased minimum cash deposits for gold and silver trading.
The market news is quoted as saying:
Comex is making it more expensive for speculators to trade after silver plunged the most since October 1979 and gold had its biggest two-day slide in 28 years. Open interest for gold options climbed to a record 1.46 million contracts on Sept. 21, CME said.