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Mondo Visione  Jun 23  Comment 
Hong Kong's first pair of physically settled commodity futures Contracts comprise Spot Month and next 11 calendar months Trading Fee and Commission Levy waived for the first six months of trading Hong Kong Exchanges and...
The Hindu Business Line  Jun 22  Comment 
Comex gold futures edged higher on Thursday benefiting from risk aversion as weaker oil prices dented stocks while the dollar retreated. Comex gold futures have moved in line with our expectations so ...
The Hindu Business Line  Jun 22  Comment 
Tracking a firm trend overseas, gold prices rose 0.36 per cent to Rs 28,679 per 10 gram at the futures trade today as speculators built up fresh positions. At the Multi Commodity Exchange, gold fo...
The Hindu Business Line  Jun 21  Comment 
Gold prices were up by 0.36 per cent to Rs 28,777 per 10 gram at the futures trade as speculators enlarged positions amid a firm global trend. At the Multi Commodity Exchange, gold for delivery in ...
The Hindu Business Line  Jun 20  Comment 
Gold prices drifted lower by Rs 27 to Rs 28,515 per 10 grams at the futures trade today as participants lightened their positions due to a weak trend overseas. Gold for delivery in August was trad...
The Hindu Business Line  Jun 19  Comment 
Gold drifted lower by Rs 51 to Rs 28,639 per 10 grams at the futures trade today as participants scaled down their positions, largely in keeping with a weak trend overseas. At the Multi Commodity ...
The Hindu Business Line  Jun 15  Comment 
Comex gold futures edged lower on Thursday from a near three-week low in the previous session, supported by softer US economic data and a fall in Asian shares following a report that President Donald ...
The Hindu Business Line  Jun 15  Comment 
Gold futures fell Rs 169 to Rs 28,861 per 10 grams as participants indulged in cutting bets amid a weak trend overseas. At the Multi Commodity Exchange, gold prices for delivery in August was tradi...
The Hindu Business Line  Jun 14  Comment 
Tracking a firm trend overseas, gold prices rose Rs 49 to Rs 28,993 per 10 grams at the futures trade today as speculators built up fresh positions. At the Multi Commodity Exchange, gold for delive...
The Hindu Business Line  Jun 8  Comment 
Comex gold futures edged lower on Thursday as investors stayed on the sidelines waiting for the outcome of the European Central Bank meeting, Britain’s national election and testimony from the former ...




 
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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