QUOTE AND NEWS
The Hindu Business Line  2 hrs ago  Comment 
Gold prices fell 0.50 per cent to Rs 27,936 per 10 grams in the evening session of trading at futures trade on Friday as speculators trimmed positions amid a weak global trend. At the Multi...
Forbes  Aug 28  Comment 
(Kitco News) - Gold remains near the middle of its range from the past year, making it a tricky call for technically oriented traders looking to establish positions, says Dave Toth, director of technical-chart research at RJ O’Brien & Associates.
newratings.com  Aug 28  Comment 
WASHINGTON (dpa-AFX) - Gold futures trended higher Thursday morning, on its safe haven appeal while tracking declining U.S. and European markets, with focus on the deteriorating situation in Ukraine. Gold futures for December delivery are up...
Forbes  Aug 27  Comment 
(Kitco News) - Light physical gold demand has been a common theme in the gold market for the past few months, with gold forward rates and Shanghai Gold Exchange premiums low or sometimes negative.
newratings.com  Aug 27  Comment 
WASHINGTON (dpa-AFX) - Gold prices are flat Wednesday morning, with the dollar's slight decline and weak European markets helping bullion level off after recent losses. Gold futures for December delivery are up $1.30 or 0.1 percent at...
newratings.com  Aug 26  Comment 
WASHINGTON (dpa-AFX) - Gold futures ended higher on Tuesday, notwithstanding rising global equity markets amid some upbeat durable goods and consumer confidence data from the U.S., even as the dollar trended higher against a select basket of major...
The Hindu Business Line  Aug 26  Comment 
Gold prices rose by 0.32 per cent, to Rs 27,950 per 10 grams in futures trade as speculators created fresh positions taking positive cues from the global market.At Multi Commodity Exchange,...
newratings.com  Aug 25  Comment 
WASHINGTON (dpa-AFX) - Gold futures ended a tad lower on Monday, tracking rising global equity markets amid uncertainty over rate hikes after Fed Chair Janet Yellen provided little clarity as to when a rate hike would happen in her address at the...
The Hindu Business Line  Aug 25  Comment 
The gold futures contract traded on the Multi Commodity Exchange has dropped about 3 per cent in the past week. The contract has broken its important ₹28,000/10 gm support level and...
MarketWatch  Aug 22  Comment 
Gold futures snap 5-day losing streak but still ends week lower.




 
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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