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    Silver Margins Raised by Comex for Second Time in a Week

    Written by Investing News Network
    |
    May. 02, 2011 07:19PM PST

    Bloomberg reported that requirements for margins to trade silver were raised by the CME Group Inc.’s Comex unit once again.

    Bloomberg reported that requirements for margins to trade silver were raised by the CME Group Inc.’s Comex unit once again.

    The market news is quoted as saying:

    Silver futures for July delivery plummeted $2.515, or 5.2 percent, to $46.084 an ounce, the biggest decline since Jan. 4. Still, the metal has more than doubled in the past year.

    To read the full market news, click here.

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