2. Gold Futures contract: size= 100gms Investor buys one December gold futures contract on 1 November at Rs.400/per gram Value of contract: Rs. 400x100 gm= Rs.40, 000 Initial Margin: 10 per cent and Maintenance margin is 80 per cent of ...
Gold futures contract specifications Exchange, SymbolCOMEX, /GC Multiplier100 troy ounces Minimum Tick Size and Value.10 = $10.00 SettlementPhysical1 Trading HoursSunday 6 pm - Friday - 5 pm ET (5 pm - 4 pm CT) with a daily maintenance period from 5 pm - 6 pm ET (4 pm - 5 pm CT...
Gold futures Symbol: GOLD Currency: Indian Rupee Contract size: 1 kg (minimum quantity that can be bought and sold) Underlying: gold of minimum 995 fineness. Premium added for gold delivered greater than 995 fineness Price Quotation: 10 grams (the quantity for which price is quoted for trading...
With TD, customers can trade gold futures on the Chicago Mercantile Exchange (COMEX) and get weekly gold futures options on TD’s thinkorswim platform. Gold futures for TD clients include GC, which has a contract size of 100 troy ounces and a minimum tick price of $10.00, or E-Micro Gold...
COMEX gold futures Contract Size: 10 troy ozs Contract Months: March, June, September, December CME gold price references: April, August, October, February Price Quotation: ZAR per troy oz Tick Size: ZAR 1 per oz Daily Price Limits:
Gold futures are available during the current calendar month; the next two calendar months; any February, April, August, and October falling within a 23-month period; and any June and December falling within a 72-month period beginning with the current month. The contract size for gold futures...
Gold contracts can be obtained either from the COMEX or on eCBOT which can give you a contract for even a 33.2 ounce trade. This type of trading also gives people a better flexibility to change their positions either as seller or buyer as long as the contract has not reached its date due...
A Gold Futures Trade In Action Let’s look at how a gold futures trade using leverage would work. Trader A thinks that bullion prices will rise, so he purchases a futures contract at the CME with a three-month expiration date. The agreement specifies that he purchases the precious metal at...
Futures contracts are agreements to buy or sell a commodity or asset at a future date. The amount being exchanged and the price are specified in the contract. There are two main uses for gold futures contracts. They allow gold miners and dealers to hedge against falling prices. Futures also...
COMEX gold options actually use gold futures, rather than physical gold directly, and so arecash-settled. These gold futures have a contract size of 100troy ounceseach and requirephysical deliveryif not closed out.1 It is possible to experience significant losses with gold options. ...