China's Citibank Raises Margin Requirements for Precious Metals Contracts to 120% Starting June 16

According to an official notice from China's Citibank (招商银行) on June 12, the bank is increasing margin requirements for its precious metals trading products effective June 16, 2026. The maintenance margin ratio for Ag(T+D), Au(T+D), mAu(T+D), Au(T+N1), Au(T+N2), NYAuTN06, and NYAuTN12 contracts will be raised to 120% due to heightened volatility in precious metals prices. The adjustment aims to mitigate market risks and protect investor interests.
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