CME Raises Gold, Silver Margins in Wake of Historic Precious Metals Crash

Published: Feb 2, 2026 15:05
CME Group is increasing margins on Comex gold and silver futures. The exchange said in a statement on Friday that gold margins will increase from the current 6 percent for a non-heightened risk profile to 8 percent of the underlying contract’s value.

Written by: Olumide Adesina • Sunday, February 1, 2026

Quick overview

  • CME Group is raising margins on Comex gold and silver futures due to increased market volatility.
  • Gold margins will rise from 6% to 8% for non-heightened risk profiles, while silver margins will increase from 11% to 15%.
  • The changes also affect palladium and platinum futures, requiring traders to provide more collateral.
  • Recent market conditions led to significant declines in gold and silver prices, prompting the margin adjustments.

CME Group is increasing margins on Comex gold and silver futures. The exchange said in a statement on Friday that gold margins will increase from the current 6 percent for a non-heightened risk profile to 8 percent of the underlying contract’s value. According to the report, the elevated risk profile margins will rise from the current 6.6 percent to 8.8 percent.

According to the statement, silver margins for non-heightened risk profiles will increase to 15 percent from 11 percent, while those for heightened risk profiles will increase to 16.5 percent from 12.1 percent. The margin on palladium and platinum futures will also increase. The modification, which comes after a “normal review of market volatility to ensure adequate collateral coverage,” is effective as of Monday’s close

Traders of gold, silver, platinum, and palladium futures will have to provide more collateral to guarantee they can fulfill their obligations. Even so, the exchange regularly increases margins.

Gold experienced its largest intraday decline since the early 1980s, falling more than 12 percent to fall below $5,000 per ounce.

Silver fell as much as 36% as the selloff swept through the larger metals markets, a record intraday decline. Copper dropped 3.4 percent from its all-time high on Thursday. A sell-off of commodity currencies, such as the Swedish krona and the Australian dollar, helped the dollar soar.

Source: https://www.fxleaders.com/news/2026/02/01/cme-raises-gold-silver-margins-in-wake-of-historic-precious-metals-crash/

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
US-Iran Peace Talks Boost Silver T+D, Spot Market Sees Tepid Demand and Thin Trading
16 hours ago
US-Iran Peace Talks Boost Silver T+D, Spot Market Sees Tepid Demand and Thin Trading
Read More
US-Iran Peace Talks Boost Silver T+D, Spot Market Sees Tepid Demand and Thin Trading
US-Iran Peace Talks Boost Silver T+D, Spot Market Sees Tepid Demand and Thin Trading
[SMM Silver Morning Review] Today's SMM spot silver ingot quotes are mainly at parity or small premiums. On the macro front, sentiment over US-Iran peace talks pushed silver T+D up over 4% today. In the physical market, selling increased while demand remained tepid. Early morning offers were at TD+10-30 yuan/kg, but downstream showed little willingness to buy, with most deals at parity. Traders focused more on warrant registration or bank transactions, resulting in thin overall trading.
16 hours ago
[SMM Silver Morning Review] Market Sluggish, Slight Premiums Amid Weak Demand; Shanghai Sees Limited Transactions
Apr 14, 2026 11:45
[SMM Silver Morning Review] Market Sluggish, Slight Premiums Amid Weak Demand; Shanghai Sees Limited Transactions
Read More
[SMM Silver Morning Review] Market Sluggish, Slight Premiums Amid Weak Demand; Shanghai Sees Limited Transactions
[SMM Silver Morning Review] Market Sluggish, Slight Premiums Amid Weak Demand; Shanghai Sees Limited Transactions
[SMM Silver Morning Review] Today, SMM silver ingot spot quotes were mainly at parity or slight premiums. The market continued its previous downward trend, with premiums remaining generally stable. In the Shanghai region, a small volume of transactions were concluded at slight premiums, with mainstream quotes at parity or slight premiums, and some transactions also concluded at parity. The overall market consolidated on the weak side, with sluggish trading.
Apr 14, 2026 11:45
Silver Market Quiet, Traders Hold Firm on Prices Amid Weak Demand
Apr 13, 2026 11:26
Silver Market Quiet, Traders Hold Firm on Prices Amid Weak Demand
Read More
Silver Market Quiet, Traders Hold Firm on Prices Amid Weak Demand
Silver Market Quiet, Traders Hold Firm on Prices Amid Weak Demand
[SMM Silver Morning Review] Spot silver ingot transactions today are mainly at small premiums or parity. Affected by a slight downtrend in precious metals, overall market trading is quiet, and holders show little willingness to sell. Some smelter supply is expected to enter the market in late April. Traders are currently holding firm on prices, with early morning quotes at TD+30-40 yuan/kg. Driven by position rollover and delivery needs, traders are mostly holding, but downstream demand remains weak with low purchasing appetite, favoring negotiated transactions.
Apr 13, 2026 11:26
CME Raises Gold, Silver Margins in Wake of Historic Precious Metals Crash - Shanghai Metals Market (SMM)