QUOTE AND NEWS
MarketWatch  Aug 17  Comment 
Gold futures settle higher but analysts stress caution after China’s devaluation of its currency last week.
MarketWatch  Aug 14  Comment 
Gold futures finished lower, weighed down by a strong dollar Friday, but the yellow metal managed to register a weekly gain. Gold futures for December delivery settled $2.90, or 0.3%, lower at $1,112.70 an ounce. For the week, the precious metal...
The Hindu Business Line  Aug 14  Comment 
Gold futures prices today fell 0.27 per cent to Rs 25,825 per 10 grams as speculators reduced their bets amid a weak global trend.On the Multi Commodity Exchange, gold prices for delivery in...
MarketWatch  Aug 13  Comment 
Five-session win streak in gold futures is snapped
The Hindu Business Line  Aug 13  Comment 
Stop-loss: $1,109; target: $1,145
MarketWatch  Aug 13  Comment 
Gold futures remained lower after July U.S. retail sales data was seen leaving the Federal Reserve on track to raise interest rates as early as September. The Commerce Department said retail sales rose 0.6% in July, just below the consensus...
The Hindu Business Line  Aug 13  Comment 
Gold fell Rs 142 to Rs 26,090 per 10 grams at the futures trade today amid a weak trend overseas and profit-booking by speculators.On the Multi Commodity Exchange, gold for delivery in Dece...
The Hindu Business Line  Aug 12  Comment 
Gold prices rose Rs 186 to Rs 25,612 per 10 grams at the futures trading today as speculators enlarged positions amid a firm trend overseas.On the Multi Commodity Exchange, gold for deliver...
The Times of India  Aug 10  Comment 
Gold rose 0.17 per cent to Rs 24,934 per 10 grams in futures trade on Monday as speculators enlarged positions amid positive cues from the global market.
MarketWatch  Aug 7  Comment 
Gold futures turned modestly lower Friday, erasing gains as the dollar rallied in the wake of the July U.S. jobs report. Gold futures for December delivery fell 5.60, or 0.5%, to $1,084.70 an ounce. Gold was up by around $1.20 an ounce ahead of...




 
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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