Comex Raises Margin Rates on Gold Contracts by 47%, Silver 20%

Sept. 19 (Bloomberg) — The Comex division of the New York Mercantile Exchange raised margin payments on gold and silver futures by as much as 47 percent after price swings accelerated.The margin rate for Comex members advances to $5,500 a gold contract from today, from $3,750, the exchange said in an e- mailed statement late [...] continue reading world news