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newratings.com  Jun 5  Comment 
WASHINGTON (dpa-AFX) - Gold futures slipped for a third consecutive day to end lower on Friday, after some strong U.S. jobs data with a stronger than expected growth in May, fueling concerns of a possible rate hike by the Federal Reserve sooner...
MarketWatch  Jun 5  Comment 
Gold futures fell Friday, with prices settling at their lowest level since mid-March after a strong U.S. jobs report helped dull investment demand. Based on the most-active contracts, prices lost 1.8% for the week, their third weekly decline in a...
newratings.com  Jun 4  Comment 
WASHINGTON (dpa-AFX) - Gold futures slipped to end at a near five-week low for a second session on Thursday, after some upbeat economic data from the U.S. showed initial claims for unemployment benefits declined more than expected last week,...
MarketWatch  Jun 4  Comment 
Gold futures fell for a second straight session on Thursday, with prices settling at their lowest level in almost five weeks. Richard Gotterer, managing director at Wescott Financial Advisory Group, attributed the metal's recent declines, in part...
The Hindu Business Line  Jun 4  Comment 
Stop-loss: $1,215; target: $1,170
MarketWatch  Jun 4  Comment 
Gold futures settles at a five-week low after data shows first-time claims for U.S. unemployment benefits fell.
The Hindu Business Line  Jun 4  Comment 
Gold futures weakened 0.21 per cent to Rs 26,751 per 10 gram today as speculators trimmed positions, tracking a weak global trend.On the Multi Commodity Exchange, gold for delivery in June...
MarketWatch  Jun 3  Comment 
Gold futures fell on Wednesday, with prices settling at their lowest level in more than three weeks. Strength in U.S. equities on the back of a climb in private-sector employment in May helped draw investor interest away from the precious metal....
MarketWatch  Jun 3  Comment 
Gold prices fall, settling at their lowest level in more than three weeks.
MarketWatch  Jun 2  Comment 
Gold futures climbed on Tuesday, with prices settling at their highest level since May 22 on the back of a weaker U.S. dollar as traders eyed developments tied to Greece’s debt woes. June gold rose $5.70, or 0.5%, to settle at $1,194.40 an...




 
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COMEX Gold futures are traded on the COMEX division of the NYMEX under ticker symbol GC in U.S dollars and cents per troy ounce.[1]

The chart at left shows front-month Gold Futures prices in dollars per troy ounce.

Delivery Dates

COMEX Gold futures are delivered every year in January, February, March, April, May, June, July, August, September, October, November, and December (all months).[1]

The following is a table with COMEX Gold futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.

Delivery Month Full Ticker Symbol Thomson-Reuters Symbol
January, 2009GCF9GC/F9-NC
February, 2009GCG9GC/G9-NC
March, 2009GCH9GC/H9-NC
April, 2009GCJ9GC/J9-NC
May, 2009GCK9GC/K9-NC
June, 2009GCM9GC/M9-NC
July, 2009GCN9GC/N9-NC
August, 2009GCQ9GC/Q9-NC
September, 2009GCU9GC/U9-NC
October, 2009GCV9GC/V9-NC
November, 2009GCX9GC/X9-NC
December, 2009GCZ9GC/Z9-NC


Contract Specification

Contract Size

One COMEX Gold futures contract on the COMEX division of the NYMEX is 100 troy ounces.[1]

Tick Value

$0.10 (10¢) per troy ounce ($10.00 per contract).[1]

Daily Price Limit

None.[1]

Trading Hours

  • On the CME Globex electronic platform: 6:00 PM Sundays through 5:15 PM Fridays, with a 45-minute break each day between 5:15 PM and 6:00 PM, New York Time.[1]

Last Trading Day

Trading terminates at the close of business on the third to last business day of the maturing delivery month..[1]

Margin Requirements

  • Clearing Member/Maintenance - $3999.[2]
  • Member & Hedge Customer - $3999.[2]
  • Non-Member Customer - $5399.[2]

Deliverable Grades

In fulfillment of each contract, the seller must deliver 100 troy ounces (±5%) of refined gold, assaying not less than .995 fineness, cast either in one bar or in three one-kilogram bars, and bearing a serial number and identifying stamp of a refiner approved and listed by the Exchange. A list of approved refiners and assayers is available from the Exchange upon request.[1]

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 The COMEX division of the NYMEX's contract specification for COMEX Gold futures
  2. 2.0 2.1 2.2 COMEX Margin requirements for Gold
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