QUOTE AND NEWS
MarketWatch  May 27  Comment 
Gold futures on Friday suffer a weekly loss of about 3% to settle at their lowest level in three months.
The Hindu Business Line  May 27  Comment 
Amid a weak global trend, gold prices drifted lower by 0.15 per cent to Rs 28,695 per ten grams in futures trade today as participants cut their bets.At the Multi Commodity Exchange, gold for deliver...
MarketWatch  May 26  Comment 
Gold futures settle at lowest level since April 4
The Hindu Business Line  May 26  Comment 
The Times of India  May 26  Comment 
The Hindu Business Line  May 26  Comment 
Comex gold futures edged higher on Thursday as the dollar’s rally paused, moving away from a seven-week low hit in the previous session, though gains were limited by expectations the US rates could ri...
Benzinga  May 26  Comment 
June Gold futures are trading lower by $1 at $1222.80 per ounce in Thursday's session. After tumbling from Monday's close ($1251.60) to $1223.80 on Wednesday, the bullion has been unable to hold onto some early gains. It has made a few moves...
MarketWatch  May 26  Comment 
Gold futures extend their slide to a seventh straight session to settle at their lowest level since early April.
MarketWatch  May 25  Comment 
Gold futures settled at their lowest level in seven weeks on Wednesday as overall gains in the U.S. dollar and equities continued to dull the metal's investment appeal. Prices for the yellow metal tallied a 4.4% loss during a six-session losing...
MarketWatch  May 25  Comment 
Gold futures are at risk of booking a sixth straight losing session as near-term sentiment for precious metals remains gloomy even as the dollar—which often moves opposite of gold and silver’s price moves—edges lower.
The Hindu Business Line  May 25  Comment 
Amid a weak global trend, gold futures today traded lower by Rs 140 at Rs 29,160 per 10 gram as speculators trimmed their positions.Gold for delivery in June dropped Rs 140 or 0.48 per cent to Rs 29,...
MarketWatch  May 24  Comment 
Gold futures fall for fifth straight session, sending prices to their lowest level in more than a month.




 
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
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki