Platinum took a significant hit as CME tightened margin requirements across the metals complex. Higher margin demands mean traders need more capital to maintain their positions, which typically triggers position liquidations and increased selling pressure. This policy adjustment has ripple effects throughout precious metals trading—when funding requirements jump, retail and smaller institutional players often exit positions to manage risk. The broader metals market felt the squeeze too, as margin hikes typically affect correlated assets. For platinum traders especially, the combination of elevated margin costs and reduced liquidity can amplify downside moves. Market participants are monitoring whether these requirements will stabilize or face further adjustments that could continue pressuring bullion prices.