QUOTE AND NEWS
MarketWatch  6 hrs ago  Comment 
Gold futures on Friday settled higher for the first time in three sessions, scoring a gain of more than 1% for the week following a decent monthly U.S. jobs report. "Trading in gold has been very choppy over the past 6 weeks with futures trading...
MarketWatch  11 hrs ago  Comment 
Gold futures finish higher, scoring a weekly gain as investors digested a decent U.S. jobs report.
The Hindu Business Line  May 8  Comment 
Taking cues from overseas markets, gold futures prices fell 0.22 per cent to Rs 27,120 per 10 gm today as speculators offloaded their positions.On the Multi Commodity Exchange, gold prices...
The Hindu Business Line  May 7  Comment 
Stop-loss: $1,215; target: $1,145
The Hindu Business Line  May 7  Comment 
Gold futures fell 0.13 per cent to Rs 27,100 per 10 grams today as participants started reducing exposures, largely in tandem with the global trend.On the Multi Commodity Exchange, gold for...
newratings.com  May 6  Comment 
WASHINGTON (dpa-AFX) - Gold futures snapped a two-day gain to end lower on Wednesday, after some soft economic data from the U.S. showed employment in the private sector increased less than expected. The precious metal failed to find support even...
MarketWatch  May 6  Comment 
Gold futures settled with a loss on Wednesday, giving up earlier gains from the weaker-than-expected data on private-sector jobs. Separate comments from Federal Reserve Chair Janet Yellen and Atlanta Fed President Dennis Lockhart Wednesday didn't...
Benzinga  May 6  Comment 
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. Gold futures were trading lower by $4.60 at $1188.60 in Wednesday's session. It is trading in less than a $10 range, finding support in pre-market...
The Hindu Business Line  May 6  Comment 
Gold prices rose 0.39 per cent to Rs 26,984 per 10 grams at the futures trade today as speculators created fresh positions, taking positive cues from global markets.On the Multi Commodity E...
MarketWatch  May 5  Comment 
Gold futures settle higher, building on their gain in the prior session as the dollar weakens.




 
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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