
CME Group Gold Futures Contract Specifications
CONTRACT UNIT |
100 troy ounces |
PRICE QUOTATION |
U.S. dollars and cents per troy ounce |
TRADING HOURS |
CME Globex:Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. /CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)TAS: Sun-Fri 6:00 p.m. - 1:30 p.m. ET (5:00 - 12:30 CT)TAM:
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CME ClearPort:Sunday 5:00 p.m. - Friday 4:00 p.m. CT with no reporting Monday - Thursday from 4:00 p.m. - 5:00 p.m. CT |
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MINIMUM PRICE FLUCTUATION |
0.10 per troy ounce = $10.00TAS/TAM: Zero or +/- 10 ticks in the minimum tick increment of the outright |
PRODUCT CODE |
CME Globex: GCCME ClearPort: GCClearing: GCTAS: GCTTAM: GCD |
LISTED CONTRACTS |
Monthly contracts listed for 3 consecutive months, any Feb, Apr, Aug, Oct in the nearest 23 months and any Jun and Dec in the nearest 72 months |
SETTLEMENT METHOD |
Deliverable |
TERMINATION OF TRADING |
Trading terminates at 12:30 p.m. CT on the third last business day of the contract month. |
TAM or TAS Rules |
Trading at Settlement (TAS) is subject to the requirements of Rule 524.A. TAS trades off a "Base Price" of zero (equal to the daily settlement price) to create a differential versus the daily settlement price in the underlying futures contract month. The TAS clearing price equals the daily settlement price of the underlying futures contract month plus or minus the TAS transaction price.Trading at Marker (TAM) is analogous to Trading at Settlement (TAS) wherein parties are permitted to trade at a differential to a not-yet-known price. TAM uses a marker price, whereas TAS uses the Exchange-determined daily settlement price for the underlying futures contract month.►TAS Table |
SETTLEMENT PROCEDURES |
►Gold Settlement Procedures |
POSITION LIMITS |
►COMEX Position Limits |
EXCHANGE RULEBOOK |
►COMEX 113 |
BLOCK MINIMUM |
►Block Minimum Thresholds |
PRICE LIMIT OR CIRCUIT |
►Price Limits |
VENDOR CODES |
►Quote Vendor Symbols Listing |
DELIVERY PERIOD |
Delivery may take place on any business day beginning on the first business day of the delivery month or any subsequent business day of the delivery month, but not later than the last business day of the current delivery month. |
GRADE AND QUALITY |
Gold delivered under this contract shall assay to a minimum of 995 fineness. |
CME Group Gold Options Contract Specifications
CONTRACT UNIT |
100 troy ounces |
MINIMUM PRICE FLUCTUATION |
0.10 per troy ounce = $10.00 |
PRICE QUOTATION |
U.S. dollars and cents per troy ounce |
TRADING HOURS |
Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) |
PRODUCT CODE |
CME Globex: OGCME ClearPort: OGClearing: OG |
LISTED CONTRACTS |
Monthly contracts listed for 20 consecutive months and any Jun or Dec in the nearest 72 months. |
TERMINATION OF TRADING |
Trading terminates at the Settlement Time of the underlying futures on the 4th last business day of the month prior to the contract month. If the 4th last business day occurs on a Friday or the day before a holiday, trading terminates on the prior business day. |
POSITION LIMITS |
►COMEX Position Limits |
EXCHANGE RULEBOOK |
►COMEX 115 |
BLOCK MINIMUM |
►Block Minimum Thresholds |
PRICE LIMIT OR CIRCUIT |
►Price Limits |
VENDOR CODES |
►Quote Vendor Symbols Listing |
STRIKE PRICES STRIKE PRICE INTERVAL |
►Strike Price Listing and Exercise Procedures Table |
SETTLEMENT METHOD |
Deliverable |
UNDERLYING |
Gold Futures |
To find out more about CME Group’s Gold futures, contact us via:
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