QUOTE AND NEWS
The Hindu Business Line  Apr 10  Comment 
Gold prices rose 1.1 per cent to Rs 28,729 per ten gram at the futures trading today as speculators enlarged positions, tracking a firm global trend. On the Multi Commodity Exchange, gold...
newratings.com  Apr 9  Comment 
WASHINGTON (dpa-AFX) - Gold futures ended lower on Wednesday, as investors remained focused on the minutes of the U.S. Federal Reserve policy meet held earlier in March, with the dollar slipping against some major currencies. Traders also remained...
Forbes  Apr 9  Comment 
(Kitco News) - U.S. gold futures ticked higher, although not by much, Wednesday after minutes from the March meeting of the Federal Open Market Committee showed that members were worried about the impact on the markets if they altered their...
Mondo Visione  Apr 9  Comment 
Gold futures record highest monthly volume in 12 months  First quarter volumes cross three million contracts Gold futures volume on the Dubai Gold & Commodities Exchange (DGCX) grew 32% in March from the same month last year to record...
MarketWatch  Apr 8  Comment 
Gold futures reclaimed the $1,300-an-ounce level on Tuesday, with prices settling at their highest level in two weeks. Gold was markedly higher from a weaker dollar and increased safe-haven demand due to potentially escalating tensions between...
Forbes  Apr 8  Comment 
(Kitco News) - The combination of renewed Russia-Ukraine tensions and a softer U.S. dollar pushed gold futures to their highest level Tuesday in nearly two weeks.
MarketWatch  Apr 8  Comment 
Gold prices mark their highest close in two weeks as Ukraine jitters and dollar weakness drive investors into the precious metal.
newratings.com  Apr 7  Comment 
WASHINGTON (dpa-AFX) - Gold futures held most of their big gains from the previous session Monday morning, as traders looked ahead to the minutes of the most recent Federal Reserve meeting. Markets will be taking a close look at the minutes, due...
newratings.com  Apr 4  Comment 
WASHINGTON (dpa-AFX) - Gold futures climbed back above $1,300 an ounce on Friday, even though a closely-watched U.S. jobs report suggested further healing in the labor market. The Labor Department said U.S. non-farm payroll employment rose by...
MarketWatch  Apr 4  Comment 
Gold futures closed higher on Friday to tally a weekly gain of 0.7% as the much-anticipated monthly report showed the U.S. created fewer jobs than expected last month. June gold tacked on $18.90, or 1.5%, to settle at $1,303.50 an ounce on the...




 
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