Gold, Silver Prices Crash Globally After CME Group Hikes Margins

• CME Group announced a significant increase in margins for gold (6% to 8%) and silver (11% to 15%) effective February 2, 2026.
• The margin hike led to widespread panic and profit-booking among investors, impacting international and Indian markets.
• MCX gold futures plummeted by over Rs 20,000 per 10 grams, closing at Rs 1,49,075, a 12% drop.
• MCX silver prices crashed by approximately 27%, losing over Rs 1 lakh per kilogram in a single session.
• Experts predict continued volatility and potential long-term decline for gold, with a possible fall to $3,800 per ounce by October 2026.

Why It Matters: CME Group's margin hike triggered a global gold and silver price crash, signaling potential long-term market correction.