QUOTE AND NEWS
MarketWatch  Jul 8  Comment 
Gold futures settled lower on Friday, but still tallied a gain of roughly 1.5% for the week as market uncertainty continued to lure investors to the perceived safety of the precious metal. Prices for gold and silver have now posted gains in each...
Benzinga  Jul 8  Comment 
$1377.50 - Wednesday high (highest level since March 2014 $1272.90 - Thursday high $1271.80 - Intraday high as of 10:33 AM $1355.00 - Price as of 10:33 AM $1238,50 - Tuesday low $1236.30 - Intraday low as of 10:33...
The Hindu Business Line  Jul 8  Comment 
Gold prices drifted lower by Rs 38 to Rs 32,320 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 ...
newratings.com  Jul 7  Comment 
WASHINGTON (dpa-AFX) - Gold futures nudged lower Thursday ahead of tomorrow's closely watched June jobs report from the Labor Department. In a key prelude, payroll processor ADP released a report showing stronger than expected private sector...
MarketWatch  Jul 7  Comment 
Gold futures settled lower Thursday, pulling back after a three-session climb, as upbeat U.S. data on June private-sector employment and jobless claims triggered some uncertainty around U.S. interest-rate expectations. Gold for August delivery ...
The Hindu Business Line  Jul 7  Comment 
Comex gold futures edged down on Thursday after rallying to its highest since March 2014 a day earlier on the back of concerns about Britain’s vote to exit the European Union, though strength in stock...
MarketWatch  Jul 7  Comment 
Gold futures settle lower, pulling back after a three-session climb lifted prices to a roughly two-year high.
The Hindu Business Line  Jul 5  Comment 
Gold futures fell by 0.39 per cent to Rs 32,005 per 10 gram today as participants cut down their bets to book profits amid a weak global trend.At the Multi Commodity Exchange, gold for delivery in fa...
MarketWatch  Jul 4  Comment 
Gold futures rise Monday, building on their recent gains spurred by the U.K.’s decision to exit the European Union, as one analyst says there’s little indication the rally could lose steam.
The Times of India  Jul 4  Comment 
Continuing its upward journey, gold prices rose by another Rs 260 to Rs 32,040 per 10 gram in futures trade on Monday as participants created more bets amid a firm global trend.
The Hindu Business Line  Jul 4  Comment 




 
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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