QUOTE AND NEWS
MarketWatch  Jun 15  Comment 
Gold futures find support from some disappointing U.S. economic data and ahead of a Federal Reserve meeting this week.
The Hindu Business Line  Jun 15  Comment 
Tracking a weak trend overseas, gold prices declined 0.41 per cent to Rs 26,785 per ten grams at the futures trade today as speculators trimmed positions.On the Multi Commodity Exchange, go...
MarketWatch  Jun 12  Comment 
Gold futures settled higher Friday to score their first weekly gain in four weeks. Investors looked to the latest U.S. economic data for clues on the timing of the Federal Reserve's interest-rate hike ahead of the central bank's two-day meeting,...
MarketWatch  Jun 12  Comment 
Gold futures poised for first positive week in a month
MarketWatch  Jun 12  Comment 
Gold futures post their first weekly gain in about a month.
MarketWatch  Jun 11  Comment 
Gold futures lose ground Thursday after three-day advance
MarketWatch  Jun 11  Comment 
Gold futures settled lower on Thursday, with strength in the dollar following May U.S. retail sales data prompting prices to log their first decline in four sessions. Gold finished above the session's lowest levels, however, finding a bit of...
The Hindu Business Line  Jun 11  Comment 
Stop-loss:$1,206; target: $1,147
MarketWatch  Jun 11  Comment 
Gold futures break a three-day win streak.
The Hindu Business Line  Jun 11  Comment 
Gold prices went down by 0.18 per cent to Rs 26,922 per 10 gram at the futures trade today as speculators trimmed positions, tracking a weak global trend.On the Multi Commodity Exchange, go...
The Times of India  Jun 11  Comment 




 
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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