🎉 Share Your 2025 Year-End Summary & Win $10,000 Sharing Rewards!
Reflect on your year with Gate and share your report on Square for a chance to win $10,000!
👇 How to Join:
1️⃣ Click to check your Year-End Summary: https://www.gate.com/competition/your-year-in-review-2025
2️⃣ After viewing, share it on social media or Gate Square using the "Share" button
3️⃣ Invite friends to like, comment, and share. More interactions, higher chances of winning!
🎁 Generous Prizes:
1️⃣ Daily Lucky Winner: 1 winner per day gets $30 GT, a branded hoodie, and a Gate × Red Bull tumbler
2️⃣ Lucky Share Draw: 10
On New Year's Eve, the financial markets experienced intense volatility. The CME suddenly announced an increase in margin requirements for precious metals, a policy move that caught the market off guard—leading to a massive sell-off across all precious metals.
New York silver futures led the decline, dropping over 9% intraday and briefly breaking below the $71/oz support level. Spot silver performed even worse, losing nearly $5 in a single day, settling at $71.14/oz, creating many traders' "dark memories" at year-end.
Gold was not spared. Spot gold retreated $50 from its year-end high, closing at $4323/oz. Other precious metals were even more devastated: palladium plummeted 7% in a single day to $1507/oz, while platinum tumbled over 12%, finally closing at $1962/oz.
What does this wave of adjustments reflect? The increase in margin requirements means higher trading costs, forcing investors to close or reduce their positions. Such policies by exchanges often serve as turning points in market sentiment—especially during a time like year-end, which is already filled with uncertainty. Many seasoned traders have said this could be the most impactful market event before the start of 2025. It reminds us that the risk management decisions of exchanges can instantly reshape market dynamics.