QUOTE AND NEWS
The Hindu Business Line  11 hrs ago  Comment 
Comex gold futures ended lower on Thursday, close to a 5-1/2-year low hit last week, as the dollar jumped after the Federal Reserve left the door open for a rate rise in September and ahead of...
MarketWatch  Jul 30  Comment 
Gold futures finish at their lowest level in four sessions as the dollar gains in the wake of upbeat U.S. GDP data and after the Federal Reserve leaves the door open for a September interest-rate hike.
The Hindu Business Line  Jul 30  Comment 
Gold prices today fell Rs 20 to Rs 24,909 per 10 grams at the futures trade amid a weak global trend.On the Multi Commodity Exchange, gold for delivery in far-month October was trading lowe...
MarketWatch  Jul 29  Comment 
Gold futures settle lower, then climbs in electronic trading after the Federal Reserve keeps interest-rates unchanged.
MarketWatch  Jul 28  Comment 
Gold futures end lower but hold line near $1,100-an-ounce mark
MarketWatch  Jul 28  Comment 
Gold futures finish modestly lower in the wake of a report that showed second-quarter demand hit its lowest level in six years.
The Hindu Business Line  Jul 28  Comment 
Gold futures fell 0.33 per cent to Rs 24,816 per 10 grams today as participants cut their bets amid a weak global trend.Besides, profit-booking by speculators also weighed on gold prices.
newratings.com  Jul 24  Comment 
WASHINGTON (dpa-AFX) - Gold futures ended at a fresh five-year low on Friday, as the dollar strengthened against some major currencies with continued investor concerns over the timing of the imminent Federal Reserve interest rate hike this...
MarketWatch  Jul 24  Comment 
Gold futures on Friday logged losses for the session and the week to settle at their lowest level since February of 2010. Recent strength in the U.S. dollar and expectations for a U.S. Federal Reserve interest rate hike this year are among the...
MarketWatch  Jul 23  Comment 
Gold futures finish higher, putting an end to the 10-session losing streak that sent prices to their lowest level in more than five years.




 
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
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki