QUOTE AND NEWS
MarketWatch  7 hrs ago  Comment 
Gold prices closed up modestly on Tuesday as weakness in the U.S. dollar delivered a boost to the yellow metal. December gold rose $5.40, or 0.4%, to settle at $1,346.70 an ounce. Gains for the precious metal came as the buck retreated 0.2%...
MarketWatch  Aug 9  Comment 
Gold futures near multiweek low
The Hindu Business Line  Aug 9  Comment 
Amid a weak global trend, gold futures fell Rs 22 to Rs 31,154 per 10 gm today as participants trimmed their positions.At the Multi Commodity Exchange, gold for delivery in October was trading lower ...
Financial Times  Aug 8  Comment 
London Metal Exchange and World Gold Council launch trading venture supported by some banks
MarketWatch  Aug 8  Comment 
Gold futures settled lower Monday to finish at a more than one-week low. Growing expectations for an interest-rate increase from the U.S. Federal Reserve following an upbeat report on domestic employment pressured prices for the yellow metal....
MarketWatch  Aug 8  Comment 
Gold futures log their worst settlement in over a week in the wake of upbeat U.S. employment data.
newratings.com  Aug 5  Comment 
WASHINGTON (dpa-AFX) - Gold futures fell Friday morning after a second consecutive blockbuster jobs report raised expectations for a rate hike in 2016. The U.S. added 255,000 jobs in July, far above market estimates. Some analysts say a...
The Hindu Business Line  Aug 5  Comment 
Gold futures were up 0.13 per cent at Rs 31,820 per 10 grams as traders raised bets amid positive cues from global markets. At the Multi Commodity Exchange, gold for delivery in far-month October ...
The Hindu Business Line  Aug 4  Comment 
Comex gold futures edged down on Thursday as upbeat US jobs data lifted the dollar, while European stocks edged higher anticipating an interest rate cut from the Bank of England. Comex gold futures mo...
MarketWatch  Aug 4  Comment 
Gold futures finish moderately higher Thursday after the Bank of England announced a rate cut for the first time since 2009 and unveiled a batch of stimulus measures aimed at stimulating the country’s economy in the wake of the June 23 vote to...




 
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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