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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: baystock who wrote (48501)2/8/2000 5:45:00 AM
From: Alex  Respond to of 116791
 
TOCOM imposes extra margins for gold, platinum


TOKYO, Feb 8 (Reuters) - The Tokyo Commodity Exchange (TOCOM) said it will impose an extraordinary margin of 30,000 yen per lot for gold futures from Wednesday and that of 18,750 yen per lot for platinum futures.

The exchange also said it would expand the daily maximum price fluctuation of gold and platinum, excluding the spot month, to 60 yen and 75 yen per lot on Wednesday from the previous 40 yen and 50 yen, respectively.

The exchange said it took the moves as gold and platinum futures surged by their daily limit for the second consecutive day.

((Tokyo Commodities Desk +81-3 3432 7431 tokyo.commodit.newsroom@reuters.com))



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