00:00Gold and silver futures dropped sharply Monday after the Chicago Mercantile Exchange raised margin requirements,
00:06forcing traders to put up more cash to hold their positions after a massive rally this year.
00:11Silver plunged as much as 8% and gold slid about 5%,
00:15even after silver had more than doubled and gold climbed roughly 65% in 2025.
00:22The CME said the move was part of a routine response to heightened volatility,
00:26a common step when prices run too far too fast.
00:30The pullback rippled through mining stocks as well,
00:33dragging down major players like Newmont and intensifying fears that the red-hot precious metals trade may be overheating.
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