QUOTE AND NEWS
MarketWatch  11 hrs ago  Comment 
Gold futures finished a dime higher after a last-minute turnaround, tallying a more than 3% gain for the week.
The Hindu Business Line  May 15  Comment 
Gold prices fell 0.14 per cent to Rs 27,634 per 10 gram at the futures trade today amid a weak trend overseas and profit-booking as speculators indulged in trimming positions. On the Mult...
newratings.com  May 14  Comment 
WASHINGTON (dpa-AFX) - Gold futures moved up for a third straight session to end at a three-month high on Thursday, consolidating gains as the dollar dipped to its lowest of the year against the euro after a recent batch of weak economic data from...
MarketWatch  May 14  Comment 
Gold futures rose for a third straight session on Thursday to settle at their highest since mid-February. Prices continued to get a boost from recent weakness in the U.S. dollar as investors assessed the latest economic data. June gold rose $7,...
The Hindu Business Line  May 14  Comment 
Stop-loss: $1,188; target: $1,245/55
MarketWatch  May 14  Comment 
Gold futures settles at their highest level in about three months as the metal continues to find support from recent weakness in the U.S. dollar.
The Hindu Business Line  May 14  Comment 
Gold prices eased 0.32 per cent to Rs 27,441 per 10 grams at the futures trade today as participants offloaded positions at current levels amid weak cues from global markets.Gold for delive...
MarketWatch  May 13  Comment 
Gold futures rose above $1,200 an ounce on Wednesday to settle at their highest since April 6. Weaker-than-expected U.S. retail sales helped pressure the dollar and raised expectations that the Federal Reserve will push back plans for an...
The Hindu Business Line  May 13  Comment 
The Hindu Business Line  May 13  Comment 
MarketWatch  May 12  Comment 
Gold futures settle at a one-week high, lifted by a weaker dollar and a bit of safe-haven demand.
The Hindu Business Line  May 12  Comment 
Gold prices rose Rs 102 to Rs 27,161 per 10 grams at the futures trading today as speculators enlarged positions amid a firm trend overseas.On the Multi Commodity Exchange, gold for deliver...




 
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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