Gold near 2-week low ahead of CME increase in margins - News Summed Up

Gold near 2-week low ahead of CME increase in margins


US ‌gold futures for April delivery were down 0.3% at $4,729.20 per ounce. CME Group announced hikes in margins on its metal futures on Saturday and the changes are set to take effect after market close on Monday. COMEX gold futures margins (1oz) are raised from 6% to 8%, while COMEX 5000 silver futures (SI) are set to increase to 15% from 11%. It hit a record high of $121.64 on Thursday before ​touching a near one-month low on Friday. Spot platinum lost 4.1% to $2,074.70 per ‍ounce after hitting a record $2,918.80 on January 26, while palladium shed 3.3% to $1,642.35.


Source: Bangkok Post February 02, 2026 06:56 UTC



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