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CME Hikes Margins, Silver Prices Plunge 14%

1/4/2026

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Story summary
  • CME Group raised margin requirements for precious-metal futures twice in one week to curb volatility.
  • The move pushed silver from a record high of $84 to about $70, a 14% drop.
  • Analysts say the higher margins pressured traders, causing some to cut their positions.
  • Historically, similar margin increases have coincided with price crashes, but some experts expect a long-term rebound driven by demand and limited supply.