The CME cuts the initial margin for gold (GLD) to $5,940 from $6,600 and silver (SLV) to $10,450...

|By:, SA News Editor

The CME cuts the initial margin for gold (GLD) to $5,940 from $6,600 and silver (SLV) to $10,450 from $12,100. Maintenance margins are cut by a similar ratio for both metals as well.