CME Group Cuts Margins on Gold, Silver & Platinum Futures 📉 🔸 Spot gold dropped more than 1% on Thursday, hitting a low near $4,663.69/oz before settling around $4,697, down 0.9% 🔸 Silver fell 2.7% to $75.55 🔸 Platinum dropped 3.2% to $2,008 🔸 Palladium declined sharply by 5% to $1,465 CME Margin Reductions: ✅ Gold margins cut by 14% → now around 6% of contract value ✅ Silver margins reduced by 21.4% → now around 11% ✅ Platinum margins lowered by 15.3% ✅ Palladium margins reduced by 14.2% Why This Matters: 📌 Lower margins mean traders need less capital to hold positions 📌 This usually increases trading activity and market participation 📌 Profit booking on earlier gold rally + oil-driven inflation fears + higher rate concerns pressured precious metals 📌 Gold remains under pressure near the $4,690 zone heading into Friday Market View: Gold is currently balancing between geopolitical safe-haven demand and inflation/rate pressure. If the dollar stays strong and yields rise, gold may face more downside before the next major move.