Thursday, September 13, 2007

Gold Down ~$7 on NYMEX Margin Change

NYMEX To Change Margins For Gold Futures Contracts.
Same for platinum: NYMEX To Change Margins For Palladium Futures Contracts.

The changes were effective at the close of business yesterday. I guess they've got to somehow control the freight traind move in gold. It looks like a minor bump in the road to me.

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