Get the latest commodity trading prices for oil, gold, silver, copper and more on the U.S. commodities market and exchange at CNNMoney. You can figure this out by multiplying the contract size by the current price of the futures contract. Consider gold: If gold futures are trading at $1,300 per ounce and the size of the CME gold futures contract is 100 ounces, the contract’s notional value would be $130,000 ($1,300 x 100). In dollar terms, that’s how much one gold contract is worth. Margin requirements are subject to change, and are required for open futures positions. Both Gold futures contracts are available for trade on the CME Globex trading platform, and the Chicago Board of Trade. Open outcry is conducted from 5:20AM PT until 10:00AM PT. Electronic trading is conducted from 3:00PM PT until 2:15PM PT, with only a 45 minute break each day. Get the latest Gold price (GC:CMX) as well as the latest futures prices and other commodity market news at Nasdaq.
Gold Specifications. Trading Unit 100 troy ounces. Price Quotation U.S. dollars and cents per troy ounce. Trading Months for Gold May 16, 2018 Yet even gold becomes volatile sometimes, and other commodities tend Only in the mid-19th century did commodity futures trading begin in Just curious if anyone has any experience trading Micro and Mini-gold futures, MGC and YG, respectively. Micro is 1/10 of GC and Mini is 1/3 of
The Commodity Futures Trading Commission (Commission or CFTC) publishes the Commitments of Traders (COT) reports to help the public understand market
A precious metals futures contract is a legally binding agreement for delivery of gold or silver at an agreed-upon price in the future. A futures exchange standardizes the contracts as to the quantity, quality, time, and place of delivery. Only the price is variable. 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. However, physically trading gold can pose many problems for investors, which makes trading in gold futures a much more viable option for individuals who wish to break into this market. A gold futures contract is a commitment between traders to deliver, or take delivery of, a quantity of gold on a specific date at a specific price. You can trade Gold futures at New York Mercantile Exchange (NYMEX) and Tokyo Commodity Exchange (TOCOM). NYMEX Gold futures prices are quoted in dollars and cents per ounce and are traded in lot sizes of 100 troy ounces . TOCOM Gold futures are traded in units of 1000 grams (32.15 troy ounces) and contract prices are quoted in yen per gram. Gold Futures. These gold trading derivative instruments allow traders to speculate on the future price of gold through the purchase of exchange-traded contracts. Futures markets offer traders a liquid and leveraged way to trade gold. However, leverage can lead to margin calls when prices decline.
Gold Futures Market. Trading in Gold Futures. Gold has attracted people due to its shine and density. The precious metal can also be Gold Specifications. Trading Unit 100 troy ounces. Price Quotation U.S. dollars and cents per troy ounce. Trading Months for Gold