Silver ETFs see sharpest swing of '25 on China curbs, CME

China is slated to restrict silver exports from 1 Jan.

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at $74.31 at the time of going to press on 29 December.

This, after CME on Friday evening, raised the margin to trade to $25,000 per contract, effective Monday, from $20,000 at the beginning of December.

“This reduces the leverage to trade, resulting in volatility rising,” said Naveen Mathur, director (currencies and commodities) at financial services conglomerate Anand Rathi Group. “Volatility may increase in the coming sessions.”