The price of gold remains below $5,000, volatility remains high, and the exchange operator CME Group has raised margin requirements.

The price of gold remains below $5,000, with high volatility in the market following a historic crash last week. The exchange operator, CME Group, has once again raised margin requirements for precious metals. New York gold futures rose 0.1% to $4,891.10 per ounce, with a potential increase of 3% this week. Meanwhile, silver prices fell 4.1% to $73.56 per ounce, with a potential decline of over 6% this week. Ole Hansen of Saxo Bank stated, "Until volatility subsides and price discovery improves, gold, especially silver, may experience severe fluctuations in both directions."