Comex gold futures contract size

Tick size is the minimum price fluctuation for a futures contract. Different futures contracts have different tick sizes. For example, in COMEX-CME gold the tick size is Market Specifications. Trading Screen Product Name: Mini Gold Futures; Trading Screen Hub Name: ICUS; Contract Size. 32.15 fine troy ounces. Contract In precious metals, Gold Futures, Silver Futures, Platinum Futures, and E-micro Contract Specifications Section Guide . One COMEX Gold futures contract. Gold futures are standardized, exchange-traded contracts in which the contract in dollars and cents per ounce and are traded in lot sizes of 100 troy ounces .

You can make up the size of your overall investment buy buying several of these standard contracts. Dealing standard contracts on a financial futures exchange

Gold futures are standardized, exchange-traded contracts in which the contract in dollars and cents per ounce and are traded in lot sizes of 100 troy ounces . Contract Size, 100 troy ounces COMEX Division gold futures and options provide an important alternative to traditional means of investing in gold such as 28 May 1987 Starting June 16, the Merc will offer gold futures contracts of 100 fine troy Because of the size of their contracts - 100 ounces - it quickly 19 Sep 2018 Gold Futures Contract Specs: Exchange: COMEX; Class: Futures; Trading Symbol: GC; Contract Size: 100 troy ounces; Pricing Unit: U.S.

Tick Size: $.10/oz. = $10.00: Quoted Units: US $ per troy ounce: Initial Margin: $4,300 Maint Margin: $3,250: Contract Months: All 12 months. First Notice Day: Last business day of month preceding contract month. Last Trading Day: Third last business day of the month. Trading Hours: Open outcry trading is conducted from 8:20 A.M. until 1:30 P.M.

COMEX Gold futures (ticker symbol GC) represent the world’s leading benchmark futures contract for gold prices. The contract offers superior liquidity, trading the equivalent of nearly 27 million ounces daily. The Nymex gold futures contract calls for the delivery of 100 troy ounces of gold (0.995 fineness), and the contract trades in terms of dollars and cents per troy ounce. Prices - CME gold futures prices (Barchart.com symbol GC) posted their overall low for 2017 in January at $1,147 an ounce as the rally in the S&P 500 to new record highs curbed safe-haven demand for gold. As of this writing (June, 2010), anyone with 150 silver (or gold) contracts needs to report to COMEX their positions. The limit is 1,500 contracts in the current (spot) month for silver (3,000 contracts for gold), with 6,000 silver (or gold) contracts in all months combined. Silver 5000 oz daily price charts for the futures contract. See TradingCharts for many more commodity/futures quotes, charts and news. Trading activity on COMEX is primarily concentrated on the ‘active month’ contract which acts as a proxy for the spot price. Only a small number of contracts physically settle into the delivery of bars into COMEX vaults but the market is nonetheless tightly linked to physical markets through a very active Exchange for Physical (EFP) market.

About Gold. Gold futures are hedging tools for commercial producers and users of gold. They also provide global gold price discovery and opportunities for portfolio diversification. In addition, they: Offer ongoing trading opportunities, since gold prices respond quickly to political and economic events

A Comex gold futures contract calls for delivery of a specific grade of refined gold (33.2 ounces) of the standard contract size of 100 troy ounces in gold futures. Buying a gold futures contract doesn't mean you actually have to take 100 ounces of gold, and 100 ounces multiplied by the $0.10 tick size results in $10. Tick size is the minimum price fluctuation for a futures contract. Different futures contracts have different tick sizes. For example, in COMEX-CME gold the tick size is Market Specifications. Trading Screen Product Name: Mini Gold Futures; Trading Screen Hub Name: ICUS; Contract Size. 32.15 fine troy ounces. Contract

Tick size is the minimum price fluctuation for a futures contract. Different futures contracts have different tick sizes. For example, in COMEX-CME gold the tick size is

29 Oct 2019 For those unfamiliar with the COMEX Gold Futures Asia Spot Price, which is probably nearly Contract Specs – CME Shanghai Gold futures. Current and historical prices, chart and data for the COMEX Gold Futures #1 ( GC1) contract. Contracts use the following methodology to allow long term price COMEX Gold futures (ticker symbol GC) represent the world’s leading benchmark futures contract for gold prices. The contract offers superior liquidity, trading the equivalent of nearly 27 million ounces daily. Each COMEX gold contract controls 100 troy ounces of at least 995 fineness gold. If gold is priced at $1,700 an ounce, a gold contract is valued at $170,000. You deposit $6,600 in your margin brokerage account to purchase or sell each futures contract. Gold daily price charts for the futures contract. See TradingCharts for many more commodity/futures quotes, charts and news. Daily Commodity Futures Price Chart Gold (COMEX) Most Recent Headlines [ Complete Futures News] Search News: Red Sauce Market Size, share 2020 Industry Trends, Growth Insight, Share, Competitive Analysis