New York Mercantile Exchange To Change Margins For COMEX Division Futures Contracts

The New York Mercantile Exchange, Inc. today announced margin changes for its gold, silver, and copper futures contracts, beginning at the close of business on Friday.

Margins for the gold futures contract will increase to $2,250 from $1,750 for clearing and non–clearing members and to $3,038 from $2,363 for customers.

Margins for the silver futures contract will increase to $4,500 from $3,750 for clearing and non–clearing members and to $6,075 from $5,063 for customers.

Margins for the copper futures contract will increase to $4,000 from $3,750 for clearing and non–clearing members and to $5,400 from $5,063 for customers.