QUOTE AND NEWS
WA Business News  8 hrs ago  Comment 
Gold futures have pulled back from a six-week high as a stronger US dollar and lacklustre US inflation pressure prices.
Forbes  11 hrs ago  Comment 
(Kitco News) - Gold futures lost ground along with the euro Wednesday on ideas that the European Central Bank might undertake more measures to loosen monetary policy, traders said.
Resource Investor  Oct 22  Comment 
After touching a recent low of $1,183.30 on Oct. 6 in Asia, the U.S. Comex gold futures have rebounded 5.78% to $1,251.70 on Tuesday.
MarketWatch  Oct 22  Comment 
Gold futures hammered by stronger dollar and inflation data
The Hindu Business Line  Oct 22  Comment 
Gold prices declined 0.23 per cent to Rs 27,491 per ten grams at the futures trading today as speculators booked profits at the prevailing levels amid a weak global trend.On the Multi Commo...
The Hindu Business Line  Oct 21  Comment 
Gold futures rose 0.34 per cent to Rs 27,509 per 10 grams today as speculators enlarged their positions after the metal gained in global market.On the Multi Commodity Exchange, the metal pr...
The Hindu Business Line  Oct 20  Comment 
The gold futures contract traded on the Multi Commodity Exchange has risen sharply above the psychological ₹27,000 per 10 gm resistance in the past week. Though the contract has come off af...
The Hindu Business Line  Oct 20  Comment 
Gold prices moved down by 0.12 per cent to Rs 27,402 per 10 grams at the futures trade today after participants offloaded partial positions amid weak cues from the global market.On the Mult...
newratings.com  Oct 17  Comment 
WASHINGTON (dpa-AFX) - Gold futures extended losses for a second straight session to end lower on Friday, tracking rising global equity markets after some upbeat economic data from the U.S. Nevertheless, persisting worries over eurozone growth...




 
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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