Futures contracts gold
Gold futures are traded on the Bolsa de Mercadorias and Futuros (BM&F) and on the Tokyo Commodity Exchange (TOCOM), the Chicago Board of Trade (CBOT) and the Korea Futures Exchange (KOFEX). 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. Gold daily price charts for the futures contract. See TradingCharts for many more commodity/futures quotes, charts and news. by cmdtyNewswires - Tue Oct 15, 2:40PM CDT Dec Comex gold (GCZ19) on Tuesday closed down -14.1 (-0.94%), and Dec silver (SIZ19) closed down -0.326 (-1.84%). Precious metals prices retreated Tuesday as a rally in stocks reduced the safe-haven demand for precious metals. 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. 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. GC00 | A complete Gold Continuous Contract futures overview by MarketWatch. View the futures and commodity market news, futures pricing and futures trading.
Gold Futures Contract Specifications. 1. Underlying asset. Gold in bars, cast by a refiner and kept in a depository institution, both formerly accredited by BM&F. 2.
14 Jul 2016 Today, futures contracts are traded based on assets like stock market indexes, foreign currencies, and Treasury bonds. While futures contracts These are contracts on oil, gold, weather, interest rates, currency and indices. Deliverable contracts envisage delivery of the underlying asset at the moment of the Future contracts are like forward contracts, but are traded on organized exchanges. On March 1, you contract to take delivery of 1 ounce of gold for $415. A futures contract is an agreement to buy or sell an underlying asset at a later date for a predetermined price. It's also known as a derivative because future A futures contract is a commitment to make or take delivery of a specific quantity of a commodity or other financial obligation at a predetermined place and time in
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. Electronic: 3:15 P.M. on Mondays through Thursdays and concluding at 8:00 A.M. the following day.
8 Feb 2017 The LME plans to call its gold futures contract LME Gold. There will also be an “ LME Silver”. Each is a suite of contracts of varying lengths 25 Feb 2019 Gold futures are bi-monthly contracts that result in compulsory delivery. The contract start day is normally from the 16th day of the contract launch Gold Futures Contracts – or simply Futures – are standardised, binding contracts to buy and sell gold at an agreed price on an agreed date. 18 Dec 2017 Contract months of TRY/Gr Gold Futures Contracts and USD/. Ounce Gold Futures Contracts are February, April, June, August,. October and
E-Mini Gold Futures. Contract Unit. 50 troy ounces. Price Quotation. U.S. Dollars and Cents per troy ounce. Trading Hours. Chicago Time /. Central Time. Sunday
These are contracts on oil, gold, weather, interest rates, currency and indices. Deliverable contracts envisage delivery of the underlying asset at the moment of the Future contracts are like forward contracts, but are traded on organized exchanges. On March 1, you contract to take delivery of 1 ounce of gold for $415.
E-Mini Gold Futures. Contract Unit. 50 troy ounces. Price Quotation. U.S. Dollars and Cents per troy ounce. Trading Hours. Chicago Time /. Central Time. Sunday
MCX - Multi Commodity Exchange of India Ltd - Gold Contract Specification. Products. MCX - India's No.1 exchange to trade bullion futures. Overview · GOLD Futures contracts are based on expectations of future prices, the cost of carry and interest rates, investors are exposed to an additional source of variability: the 8 Feb 2017 The LME plans to call its gold futures contract LME Gold. There will also be an “ LME Silver”. Each is a suite of contracts of varying lengths
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. Electronic: 3:15 P.M. on Mondays through Thursdays and concluding at 8:00 A.M. the following day. A gold futures contract will almost always be priced at a different level to spot gold. The differential closely tracks the cost of financing the equivalent purchase in the spot market. Because both gold and cash can be lent (and borrowed) the relationship between the futures and the spot price is a simple arithmetical one which can be understood as follows: