The Shanghai Stock Exchange takes action again to adjust the margin calculation method for precious metals.

The Chicago Mercantile Exchange announced on the 12th that it will change the margin setting method for gold, silver, platinum, and palladium contracts. Instead of being primarily based on a fixed US dollar amount, it will now be calculated based on a certain percentage of the nominal contract value. According to the document, the margin for some gold contracts will be adjusted to approximately 5% of the nominal value, and silver will be around 9%. The new standards will take effect after the market closes on January 13th.