The CME cuts margin requirements for trading gold contracts  by 10%, the 2nd reduction this year...

|By:, SA News Editor

The CME cuts margin requirements for trading gold contracts  by 10%, the 2nd reduction this year as volatility in the metal's price declines. The margin required for one contract will drop to $9,113 to $10,125, effective May 29. GLD +0.2% premarket.