QUOTE AND NEWS
MarketWatch  Jun 17  Comment 
Gold futures settled lower on Friday, pulling back after gains over the past seven sessions in a row. But prices still tallied a climb of about 1.5% for the week ahead of next week's U.K. referendum on whether to leave or stay in the European...
Benzinga  Jun 17  Comment 
August Gold futures are trading lower by $9 at $1289.40 in Friday's session. It had fallen $40 from its intra-day high on Thursday of $1318.90 all the way to $1278.80 in today's pre-market trading. That low coincides with Tuesday's low of...
The Hindu Business Line  Jun 17  Comment 
Gold prices fell Rs 199 to Rs 30,690 per 10 gram at the futures trade today amid a weak global trend.At the Multi Commodity Exchange, gold for delivery in far-month October dropped by Rs 199 or 0.64 ...
MarketWatch  Jun 17  Comment 
Gold futures finish narrowly lower as fears of a Brexit recede after the murder of British politician Jo Cox prompts suspension of campaigning on both the “leave” and “remain” side for next week’s referendum.
The Hindu Business Line  Jun 16  Comment 
Comex gold futures jumped to nearly two-year highs on Thursday, after the US Federal Reserve indicated it could be less aggressive in tightening monetary policy next year. Comex gold futures moved...
The Hindu Business Line  Jun 16  Comment 
Gold futures breached the ₹31,000-mark, soaring ₹515 to trade at ₹31,191 per 10 grams on Thursday after the precious metal surged to the highest in almost two years in the global market. For those w...
Benzinga  Jun 16  Comment 
August Gold futures are trading higher by $24 at $1312.30 per ounce in Thursday's session. It is trading higher for the seventh day in a row and is looking to post its first close over $1300 since August 2014. Related Link: Gold Hits 4-Week...
newratings.com  Jun 16  Comment 
WASHINGTON (dpa-AFX) - Gold futures surged Thursday morning, blasting through $1300 an ounce after the Federal Reserve gave no hint of a summertime interest rate hike. The central bank held steady on rates yesterday and appear to be in no hurry...
The Hindu Business Line  Jun 16  Comment 
Gold prices spurted Rs 408 to Rs 30,852 per 10 gram at the futures trade as speculators raised their bets after the precious metal climbed above $1,300 an ounce in the global markets.At the Multi Com...
Benzinga  Jun 15  Comment 
August Gold futures are unchanged at $12881.10 per ounce in Wednesday's session. At this time time, the contract is having an inside day. In other words, it has traded witin the range of Tuesday's session. On the downside, it has found support...




 
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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