Higher silver margins in China

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/Reuters

The Sanghai Gold Exchange increased requirements on silver margin to 18%. Brokers claim that the rate is exorbitant and may severally impact retail traders. The measure is aimed at decreasing extremely high white metal's volatility thus protecting small traders from losses. The requirement the most likely to came into force on Monday, reported by Reuters. New measure impacted also COMEX silver futures that lost 1.1% in morning trading.

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