JAI SANI MAHARAJ

JAI SANI MAHARAJ
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Friday, June 21, 2013

Yesterday the CME Group raised the amount of collateral required to trade theirGold futures contract on Thursday after a volatile day that saw Gold prices fall massively.  CME, which owns the Comex division of the New York Mercantile Exchange, said Gold margins will be raised 25% effective close of trading Friday.
This could mean further selling pressure on Gold today after US open.