Shanghai Gold exchange has increased the trade margin for some gold futures contracts

News
Eamonn Sheridan
23/04/2025 | 02:57 GMT
  • Sto 13% from 12%

Shanghai Gold exchange has increased the trade margin for some gold futures contracts

Not bullish, at the margin.

Gold had managed to retrace the losses on Trump's comments earlier:

  • Trump said had no intention of firing Fed Chair Powell (he did). Major reversal from Trump
  • Trump backing away from tariffs, backing away from firing Powell - will it last?
  • Trump says he has no plans to Fire Federal Reserve Chair Powell
  • Trump says he is going to be very nice to China, they have to make a deal

Losing some ground now:

gold shanghai margin increase 23 April 2025 2
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  • Gold

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