Gold Holds Below $5,000 as Volatility Remains High, Exchange Operator CME Hikes Margins

Core Viewpoint - Gold prices remain below $5,000 amid high volatility, with CME Group increasing margin requirements for precious metals [1] Group 1: Gold Market - Gold futures in New York increased by 0.1% to $4,891.10 per troy ounce, indicating a potential weekly gain of 3% [1] - The volatility in the gold market is expected to continue until price discovery improves, leading to erratic trading patterns [1] Group 2: Silver Market - Silver prices decreased by 4.1% to $73.56 per ounce, on track for a weekly decline exceeding 6% [1] - The high volatility in the silver market is also anticipated to persist, mirroring trends observed in gold [1]