QUOTE AND NEWS
MarketWatch  6 hrs ago  Comment 
Gold futures settled lower on Friday, but held onto a gain of more than 2% for the week. Traders assessed this week's policy decisions from the Bank of Japan and U.S. Federal Reserve and their potential impact on demand for the yellow metal....
MarketWatch  10 hrs ago  Comment 
Gold futures on Friday settle lower, but book the best weekly advance in about two months.
The Hindu Business Line  Sep 23  Comment 
Gold prices fell Rs 103 to Rs 31,345 per 10 gram at the futures trading today as participants trimmed their positions, tracking a weak trend overseas.At the Multi Commodity Exchange, gold for deliver...
MarketWatch  Sep 22  Comment 
Gold futures mark fourth-straight advance Thursday amid the Federal Reserve’s reluctance to lift interest rates.
The Hindu Business Line  Sep 22  Comment 
Gold prices rose Rs 65 to Rs 31,365 per 10 gram at the futures trade today as speculators took fresh positions on positive cues from global markets. At the Multi Commodity Exchange, gold for deliv...
Benzinga  Sep 21  Comment 
$1335.90 - September 13 high $1333.60 - Intraday high as of 1:53 PM $1330.00 - Current price as of 1:53 PM $1318.20 - Tuesday close $1310.90 - Intraday low as of 1:53 PM If content like this is useful to your...
The Hindu Business Line  Sep 21  Comment 
Gold prices drifted lower by Rs 28 to Rs 31,010 per 10 gram at the futures trade today as participants lightened their positions, largely in tandem with a weak trend overseas.Gold for delivery in Dec...
The Hindu Business Line  Sep 20  Comment 
Gold prices rose Rs 57 to Rs 30,960 per 10 gram at the futures trade today as speculators created fresh positions, taking positive cues from global markets.At the Multi Commodity Exchange, gold for d...
MarketWatch  Sep 19  Comment 
Gold futures prices finish higher Monday, finding traction as the dollar backtracks ahead of two key central bank policy-setting sessions this week.
The Hindu Business Line  Sep 19  Comment 
Gold prices rose 0.27 per cent to Rs 31,013 per 10 gram at the futures trade as participants created fresh positions, tracking a firm trend overseas.At the Multi Commodity Exchange, gold for delivery...




 
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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