QUOTE AND NEWS
The Hindu Business Line  Mar 27  Comment 
Gold prices rose Rs 97 to Rs 29,034 per 10 grams at the futures trade today as speculators widened positions, tracking a firm trend overseas. At the Multi Commodity Exchange, gold for delivery in J...
MarketWatch  Mar 24  Comment 
Gold futures settled higher on Friday to tally a weekly gain of about 1.5%, with uncertainty offering prices a boost ahead of a vote on the U.S. health care bill set for later in the day. The yellow metal also found support as U.S. equities and...
newratings.com  Mar 24  Comment 
WASHINGTON (dpa-AFX) - Gold futures were flat again Friday morning as U.S. stocks were steady, limiting gold's safe haven appeal. Markets have reacted with relative calm since Wednesday's terror attack in London, while a stronger dollar...
The Hindu Business Line  Mar 24  Comment 
Amid a weak global trend, gold prices fell further by 0.09 per cent to Rs 28,775 per 10 grams at the futures trade today as speculators engaged in trimming their positions. At the Multi Commodity E...
The Hindu Business Line  Mar 23  Comment 
On Thursday, Comex gold futures held below a 3-week peak hit the session before, with the dollar recovering from seven-week lows and markets waiting to see if US President Donald Trump is able to pu...
MarketWatch  Mar 23  Comment 
Gold futures settle lower Thursday, snapping a run of five straight gains that was fueled by a sharp slump in global equities.
The Hindu Business Line  Mar 23  Comment 
Tracking a weak trend overseas, gold prices drifted lower by 0.2 per cent to Rs 28,828 per 10 grams at the futures trade today as speculators trimmed positions. At the Multi Commodity Exchange, gol...
The Times of India  Mar 23  Comment 
Tracking a weak trend overseas, gold prices drifted lower by 0.20 per cent to Rs 28,828 per 10 grams in futures trade today as speculators trimmed positions. Gold prices fell 0.16 per cent to USD 1,246.20 an ounce in Singapore.
newratings.com  Mar 22  Comment 
WASHINGTON (dpa-AFX) - Gold futures nudged higher Wednesday, touching its best levels in three weeks amid geopolitical tensions and dovish hints from the U.S. Federal Reserve. Violence outside the UK parliament in London renewed concerns about...




 
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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