The 11% intraday crash on the COMEX was driven by profit booking after CME Group raised margin requirements for white metal futures on its exchanges by $3,000 for the March 2026 contract, bringing the margin to about $25,000, up from $22,000 previously.This marked an increase from around $20,000 earlier this month and followed a previous […]
In a dramatic reversal that caught bullish traders off guard, MCX Silver March Futures plunged 8% or Rs 21,000 per kg on Monday, crashing from an unprecedented peak of Rs 254,174/kg to Rs 233,120/kg after a non-stop rally that pushed the white metal to never-before-seen levels.The carnage followed silver’s historic breach of the $80 per […]