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...
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 allow investors and large institutions to speculate on the gold price. What is the NYMEX...
gold future contracts is a good option. A gold future contract is a legal and binding agreement for the buying of a certain amount of gold in the future at a fixed price. This is done by making some speculations regarding how the market will do in the...
You can protect yourself from unexpected events by entering into a futures contract. Why Look at Historical Gold Prices? Historical gold prices provide insight into the current market. By looking back at past trends, investors can learn whether or not the current trend is sustainable. Investors sh...
Choose gold futures contracts based on expiry dates. Ensure alignment between the contract size and your investment goals. For instance, COMEX offers 100-troy-ounce contracts. Place orders through the broker Submit a buy or sell order based on whether you expect gold prices to rise or fall. Re...
It's rare that someone holding a gold futures contract to expiry will take delivery of their metals. The process is difficult, costly for storage, and in some cases impossible depending on the broker. If your end goal is to own physical gold, then futures are not the best option. ...
Gold Mini: The Gold Mini contract has trading units of 100 grams and also maintains a maximum order size of 10 kilograms. The limits on maximum permissible open positions are the same as those for the standard Gold Futures Contracts. Gold Guinea: Each Gold Guinea contract represents 8 grams...
The primary risk associated with buying a gold futures contract is that they are leveraged products. In other words, you are gaining control of a contract which exceeds the actual value of your investment and requires the use of other money or debt. As such, wiggles in the spot price have...
The DGCX India Gold Quanto Futures contract[17][18], launched in June 2015, is denominated in US dollars, but the underlying is specified in Indian Rupee (INR). The Gold Quanto contract therefore provides 2 exposures, namely to Indian Rupee and to the Indian gold price. In general a ‘qu...
Gold Futures and Options Futures are derivative contracts in which a buyer commits to buying a certain amount of gold at a predefined price at a later time. More experienced investors can hedge their larger portfolios and speculate on prices with gold futures, giving them exposure without having ...