QUOTE AND NEWS
The Hindu Business Line  Jul 14  Comment 
Gold futures fell 0.18 per cent to Rs 27,786 per 10 grams as participants cut down their bets to book profits amid a weak global trend. At the Multi Commodity Exchange, gold for delivery in August ...
The Hindu Business Line  Jul 13  Comment 
Comex gold futures edged higher on Thursday, on a weaker dollar and lower US yields, with investors wagering that policy tightening in the United States would be glacial at best, though gains were cap...
The Hindu Business Line  Jul 13  Comment 
Gold prices were trading up by Rs 63 at Rs 27,914 per 10 grams at the futures trade today as speculators created positions amid positive cues from the global market. At the Multi Commodity Exchange...
The Hindu Business Line  Jul 12  Comment 
Gold futures were trading up by 0.33 per cent at Rs 27,926 per 10 grams as traders raised bets on positive cues from the global markets. At the Multi Commodity Exchange, gold for delivery in Augus...
The Hindu Business Line  Jul 11  Comment 
Gold prices drifted lower by 0.43 per cent to Rs 27,860 per 10 grams at the futures trade as participants indulged in trimming their bets, tracking a weak trend overseas. At the Multi Commodity Exc...
Mondo Visione  Jul 10  Comment 
3,000 contracts traded on first day  First deliverable gold futures at HKEX Complement LME’s new gold futures   The offshore Renminbi (CNH) and US dollar (US$) Gold Futures contracts rolled out today by Hong Kong Exchanges and...
The Hindu Business Line  Jul 10  Comment 
Gold prices went down by 0.26 per cent to Rs 27,711 per 10 grams at the futures trade today as participants lightened their bets tracking a weak movement overseas. At the Multi Commodity Exchange, ...
The Hindu Business Line  Jul 7  Comment 
Amid a weak global trend and profit-booking, gold futures fell Rs 98 to Rs 28,018 per 10 gm today as participants trimmed their positions. Gold for delivery in August was trading Rs 98 or 0.35 per ...
The Hindu Business Line  Jul 6  Comment 
Comex gold futures edged higher on Thursday, back towards the previous day's two-month lows, but remained stuck in the recent narrow range after the minutes of the US Federal Reserve's latest monetary...
The Hindu Business Line  Jul 6  Comment 
Gold prices rose Rs 65 to Rs 28,172 per 10 grams at the futures trade as speculators created positions amid positive cues from the global market. At the Multi Commodity Exchange, gold for delivery ...




 
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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