QUOTE AND NEWS
newratings.com  9 hrs ago  Comment 
WASHINGTON (dpa-AFX) - Gold futures climbed back above $1,300 an ounce on Friday, even though a closely-watched U.S. jobs report suggested further healing in the labor market. The Labor Department said U.S. non-farm payroll employment rose by...
MarketWatch  10 hrs ago  Comment 
Gold futures closed higher on Friday to tally a weekly gain of 0.7% as the much-anticipated monthly report showed the U.S. created fewer jobs than expected last month. June gold tacked on $18.90, or 1.5%, to settle at $1,303.50 an ounce on the...
Commodity Online  Apr 4  Comment 
In early April, the gold-backed ETP holdings dropped about seven metric tons as the sentiment of gold has turned subdued. The latest weekly CFTC data have shown that the net total managed gold position has declined 13.28%, led by an almost ten...
The Hindu Business Line  Apr 3  Comment 
Gold prices rose Rs 85 to Rs 28,135 per ten grams at the futures trading today as speculators enlarged their positions, taking positive cues from overseas market.On the Multi Commodity Exch...
MarketWatch  Apr 2  Comment 
Gold futures climbed on Wednesday, putting an end to five-straight sessions of losses as traders placed their bets ahead of the monthly U.S. jobs report due at the end of the week. June gold rose $10.80, or 0.8%, to settle at $1,290.80 an ounce...
newratings.com  Apr 1  Comment 
WASHINGTON (dpa-AFX) - Gold futures fell for a fifth consecutive session after posting their first monthly decline of the year in March. Prices have continued to inch lower despite Monday's dovish remarks Federal Reserve Chair Janet Yellen,...
MarketWatch  Apr 1  Comment 
Gold futures extend declines to a fifth-straight session as traders look to U.S. economic data for clues on the demand outlook for the metal.
newratings.com  Apr 1  Comment 
WASHINGTON (dpa-AFX) - Gold prices are up slightly in early trades Tuesday with investors looking ahead to a slew of U.S. economic reports. Gold futures for June delivery are up $1.90 or 0.15 percent at $1,285.70 an ounce, having slipped to a...




 
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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