QUOTE AND NEWS
The Hindu Business Line  3 hrs ago  Comment 
Gold prices fell 0.27 per cent to Rs 29,458 per 10 gram at the futures trade today as participants trimmed positions at current levels amid a weak trend overseas. At the Multi Commodity Exchange, g...
MarketWatch  Feb 16  Comment 
Gold futures close at more than 3-month high
The Hindu Business Line  Feb 16  Comment 
Comex gold futures rose on Thursday as the dollar drifted from one-month highs in the previous session on upbeat US economic data that boosted the prospect of a rate hike by the Federal Reserve next ...
newratings.com  Feb 16  Comment 
WASHINGTON (dpa-AFX) - Gold futures nudged higher Thursday morning despite mounting speculation the Federal Reserve will raise interest rates in the first half of the year. A number of Fed officials have made hawkish comments this week, including...
The Hindu Business Line  Feb 16  Comment 
Gold prices rose Rs 91 to Rs 29,234 per 10 grams at the futures trade as speculators enlarged their positions amid a firm trend overseas. At the Multi Commodity Exchange, gold for delivery in April...
MarketWatch  Feb 15  Comment 
Gold futures settled higher on Wednesday, rebounding from losses over the past four trading sessions even as U.S. equities climbed on the back of optimism surrounding the Trump administration's plans to deliver tax reforms. April gold rose $7.70,...
The Hindu Business Line  Feb 15  Comment 
Gold futures were up by Rs 62 at Rs 29,063 per 10 grams as speculators created fresh bets amid positive cues from global markets. At the Multi Commodity Exchange, gold for delivery in April was tra...
MarketWatch  Feb 14  Comment 
Gold futures eked out a small loss Tuesday to stretch declines to a fourth session in a row as the U.S. dollar strengthened on the back of upbeat comments from Federal Reserve Chairwoman Janet Yellen on the nation's economy. Yellen's "positive...
MarketWatch  Feb 14  Comment 
Gold futures edged higher Tuesday, but traded well off the session's highs as traders weighed prepared remarks from Federal Reserve Chairwoman Janet Yellen, as well as comments from Richmond Fed President Jeffrey Lacker. In prepared remarks ahead...
The Hindu Business Line  Feb 14  Comment 
Gold prices zoomed Rs 77 to Rs 29,147 per 10 grams at the futures trade today as speculators created positions amid positive cues from the global market.At the Multi Commodity Exchange, gold for deli...




 
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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