QUOTE AND NEWS
MarketWatch  Apr 20  Comment 
Gold futures settle lower, but silver takes the biggest hit from concerns over a slowdown in China’s economic growth.
MarketWatch  Apr 17  Comment 
Gold futures settled higher on Friday as a decline in global stock markets boosted demand for the precious metal, but they still finished the week about 0.1% lower. June gold added $5.10, or 0.4%, to settle at $1,203.10 an ounce. Market Pulse...
MarketWatch  Apr 17  Comment 
Gold futures climb as a selloff in global stock markets draws investors toward the perceived safety of the precious metal.
MarketWatch  Apr 16  Comment 
Gold futures pulled back on Thursday after strong gains a day earlier. Weakness in the U.S. dollar, however, helped prices hold ground near $1,200 to finish above the session's lowest levels. June gold shed $3.30, or 0.3%, to settle at $1,198 an...
The Hindu Business Line  Apr 16  Comment 
Stop-loss:$1,179; target:$1,225
MarketWatch  Apr 16  Comment 
Gold futures settle lower, but hold ground near $1,200, finding some support from a weaker dollar.
MarketWatch  Apr 15  Comment 
Gold futures finished higher on Wednesday, reclaiming the $1,200-an-ounce level as weaker-than-expected U.S. economic data weighed on the dollar. June gold climbed $8.70, or 0.7%, to settle at $1,201.30 an ounce on Comex. Prices on Tuesday had...
MarketWatch  Apr 15  Comment 
Gold futures recoup some of their recent losses to reclaim the $1,200 level.
MarketWatch  Apr 14  Comment 
Gold futures fell on Tuesday to mark their lowest settlement level of the month. Prices had pared some of their earlier losses after a smaller-than-expected rise in March retail sales, but remained under pressure as traders weighed the timing of...
MarketWatch  Apr 14  Comment 
Gold futures settle at lowest level of the 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
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