QUOTE AND NEWS
WA Business News  7 hrs ago  Comment 
Gold futures have retreated as some investors pared their holdings of the haven asset as they reassessed the geopolitical situation in Eastern Europe.
newratings.com  Jul 18  Comment 
WASHINGTON (dpa-AFX) - Gold futures snapped a two-day gain to end lower Friday, on profit taking after yesterdays significant spike tracking declining global equity markets and brewing tensions over the Malaysian Airlines passenger plane crash in...
MarketWatch  Jul 18  Comment 
Gold futures end week down 2%
The Hindu Business Line  Jul 18  Comment 
Gold prices fell 0.16 per cent to Rs 28,155 per 10 grams at the futures trade today as speculators trimmed positions due to a weak global trend.On the Multi Commodity Exchange, gold for del...
The Hindu Business Line  Jul 17  Comment 
Gold futures prices today rose 0.48 per cent to Rs 27,771 per 10 grams as speculators enlarged positions after the yellow metal gained in the global market.On the Multi Commodity Exchange,...
The Hindu Business Line  Jul 16  Comment 
Tracking weak trend overseas, gold futures fell 0.08 per cent to Rs 27,672 per 10 grams today as speculators reduced their exposures amid a weak global trend.On the Multi Commodity Exchange...
newratings.com  Jul 15  Comment 
WASHINGTON (dpa-AFX) - Gold futures ended lower for a third straight session on Tuesday, after some mixed economic data from the U.S. and hawkish remarks from U.S. Federal Reserve Chair Janet Yellen, following the precious metal's sharp...
Resource Investor  Jul 15  Comment 
A sell-off of nearly $1.5 billion of gold futures contracts renewed concerns about gold market manipulation.
The Hindu Business Line  Jul 15  Comment 
Gold prices recovered by 0.44 per cent to Rs 27,880 per 10 gram at the futures trade as participants created fresh positions in line with a firm trend overseas on speculation that the biggest decl...
The Australian  Jul 14  Comment 
GOLD futures locked in their steepest losses in nearly seven months amid jitters over testimony from Fed chair Janet Yellen.




 
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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