Is Gold Getting Hammered Because The CME Just Hiked Margin Requirements?

With the bubbly action in various commodities, the exchanges have been tightening things a bit by upping margin requirements. Last week the CME upped margin requirements for silver and palladium.

It looks like they just upped them for gold and gold futures are sub-$1360.

The CME memo is below (via Slim Beleggen).

cme

Chadv10-465

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