After the futures exchange adjusted the margin requirements for precious metals, the market reacted strongly. Precious metals came under broad pressure, with significant declines—NYMEX silver plunged over 9% intraday, breaking below $71 per ounce; spot silver also fell more than $5, currently quoted at $71.14/ounce. Regarding gold, the spot price retreated about $50 from the intraday high, with the latest quote at $4323 per ounce. Palladium also performed weakly, dropping sharply by 7% to around $1507 per ounce. This wave of adjustment reflects the direct impact of margin increases on market liquidity and also serves as a reminder for investors to pay attention to the volatility of traditional financial assets.
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OffchainOracle
· 9h ago
Whenever the margin is increased, it crashes the market, this wave has cut retail investors deeply.
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OldLeekMaster
· 9h ago
Here comes the pump and dump again, margin gets raised and the price crashes. I'm too familiar with this trick.
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NervousFingers
· 9h ago
Here we go again, every time margin is raised, it has to be dumped.
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SpeakWithHatOn
· 9h ago
Here we go again, margin adjustments lead to bloodbaths. These institutions really know how to pick their timing.
Silver 9%? That's outrageous, it was smashed right through.
Gold can't escape either; 4323 probably has to keep falling, I guess.
The term "liquidity shock" sounds uncomfortable; frankly, it just means being cut.
Let's wait and see if there's still a rebound opportunity later.
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ILCollector
· 9h ago
As soon as the margin is increased, leveraged players will have to cut their losses again.
After the futures exchange adjusted the margin requirements for precious metals, the market reacted strongly. Precious metals came under broad pressure, with significant declines—NYMEX silver plunged over 9% intraday, breaking below $71 per ounce; spot silver also fell more than $5, currently quoted at $71.14/ounce. Regarding gold, the spot price retreated about $50 from the intraday high, with the latest quote at $4323 per ounce. Palladium also performed weakly, dropping sharply by 7% to around $1507 per ounce. This wave of adjustment reflects the direct impact of margin increases on market liquidity and also serves as a reminder for investors to pay attention to the volatility of traditional financial assets.