QUOTE AND NEWS
MarketWatch  Apr 6  Comment 
Gold futures on Friday log a daily and weekly gain on the back of U.S.-China trade-war jitters, which flared up late Thursday and roiled global stocks, driving investors into assets perceived as havens.
The Hindu Business Line  Apr 6  Comment 
Gold prices went up by 0.31 per cent to Rs 30,642 per 10 grams at futures trade as speculators raised bets owing to positive global cues.At the Mult
The Hindu Business Line  Apr 5  Comment 
Comex gold futures fell on Thursday after the United States and China signalled willingness to resolve a trade dispute through negotiations, reducing
MarketWatch  Apr 5  Comment 
Gold futures close lower on Thursday, while the dollar strengthens and stocks extend Wednesday’s late-day revival, as concerns about a trade clash between the U.S. and China calm.
The Hindu Business Line  Apr 5  Comment 
Gold futures traded lower by Rs 200 at Rs 30,658 per 10 grams today due to a weak global trend and profit-booking by speculators.Gold for delivery i
The Hindu Business Line  Apr 4  Comment 
Gold prices zoomed Rs 131 to Rs 30,765 per 10 gram at the futures trade today as speculators created fresh positions owing to positive global cues.A
MarketWatch  Apr 3  Comment 
Gold futures finish lower on Tuesday, as stocks bounce back from the previous day’s rout and worries over trade tensions ease.
The Hindu Business Line  Apr 3  Comment 
Gold futures traded lower by Rs 142 at Rs 30,890 per 10 grams today due to a weak global trend and profit-booking by speculators. Gold for delivery
MarketWatch  Apr 2  Comment 
Gold futures gain as the dollar and stocks struggle, with the precious metal looking to build on what was a third-straight quarterly gain.
The Hindu Business Line  Apr 2  Comment 
Tracking a firm trend overseas, gold prices rose 0.54 per cent to Rs 30,573 per 10 grams at the futures trade as speculators built up fresh position




 
TOP CONTRIBUTORS

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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