QUOTE AND NEWS
The Hindu Business Line  2 hrs ago  Comment 
Amid a weak global trend, gold prices fell further by 0.09 per cent to Rs 28,775 per 10 grams at the futures trade today as speculators engaged in trimming their positions. At the Multi Commodity E...
The Hindu Business Line  Mar 23  Comment 
On Thursday, Comex gold futures held below a 3-week peak hit the session before, with the dollar recovering from seven-week lows and markets waiting to see if US President Donald Trump is able to pu...
MarketWatch  Mar 23  Comment 
Gold futures settle lower Thursday, snapping a run of five straight gains that was fueled by a sharp slump in global equities.
The Hindu Business Line  Mar 23  Comment 
Tracking a weak trend overseas, gold prices drifted lower by 0.2 per cent to Rs 28,828 per 10 grams at the futures trade today as speculators trimmed positions. At the Multi Commodity Exchange, gol...
The Times of India  Mar 23  Comment 
Tracking a weak trend overseas, gold prices drifted lower by 0.20 per cent to Rs 28,828 per 10 grams in futures trade today as speculators trimmed positions. Gold prices fell 0.16 per cent to USD 1,246.20 an ounce in Singapore.
newratings.com  Mar 22  Comment 
WASHINGTON (dpa-AFX) - Gold futures nudged higher Wednesday, touching its best levels in three weeks amid geopolitical tensions and dovish hints from the U.S. Federal Reserve. Violence outside the UK parliament in London renewed concerns about...
The Hindu Business Line  Mar 21  Comment 
Amid a weak global trend, gold futures traded lower by Rs 75 at Rs 28,430 per 10 grams today as speculators trimmed their positions. At the Multi Commodity Exchange, gold for delivery in April fell...
newratings.com  Mar 20  Comment 
WASHINGTON (dpa-AFX) - Gold futures inched higer Monday, addng to last week's gains despite hawkish comments from Chicago Federal Reserve President Charles Evans. "I think three is entirely possible, as I gain more confidence in the outlook...
The Hindu Business Line  Mar 20  Comment 
Gold prices were trading up by Rs 85 at Rs 28,681 per 10 grams at the futures trade today as speculators created positions amid positive cues from the global market. At the Multi Commodity Exchange...
MarketWatch  Mar 17  Comment 
Gold futures on Friday end higher, helping the yellow metal record its best weekly climb since early February as weakness in the U.S. dollar, following Wednesday’s Federal Reserve decision, provides a runway for gains.




 
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