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CME Halts Metals and Natural Gas Trading

Financial Times Markets •
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The Chicago Mercantile Exchange (CME) suspended trading on its metals and natural gas futures markets, halting all transactions in these commodities. The exchange, one of the world's largest derivatives marketplaces, implemented the trading halt without specifying the exact cause or duration of the suspension.

The metals futures affected include gold, silver, copper, and other industrial metals traded on CME's COMEX division. Natural gas futures, which are critical for energy markets and often serve as a benchmark for US natural gas prices, were also frozen. This move affects traders, hedgers, and investors who rely on these markets for price discovery and risk management.

CME's decision to halt trading comes amid ongoing volatility in commodity markets, where prices have been swinging dramatically due to various economic and geopolitical factors. The exchange typically suspends trading when technical issues, extreme price movements, or other disruptions threaten market integrity. Traders and market participants are now awaiting further announcements from CME regarding when normal trading will resume and what triggered this action.