Surging silver and gold slide after CME raises margin requirements

Core Insights - The Chicago Mercantile Exchange (CME) has raised margin requirements for trading gold, silver, and other metals due to significant price surges this year, leading to sharp declines in futures prices for both metals [1][2][3] Group 1: Market Reactions - Following the CME's announcement, silver futures dropped by 8% and gold futures fell by 5% [3] - Silver prices had reached approximately $30 per ounce at the beginning of 2025 and peaked at nearly $80 per ounce before the margin requirement increase [4] Group 2: Price Trends and Factors - Gold futures have increased by 65% this year, while silver prices have more than doubled, driven by geopolitical uncertainty and concerns over stock market bubbles [1][5] - The demand for silver has surged due to its industrial applications, particularly in solar panels and data centers, while supply has been constrained by slowing production at major mines [3][5]