COMEX Gold Futures

Trading Hours: 8:20 a.m. to 2:30 p.m., New York time.

Trading Symbol: GC

Trading Unit : In fulfillment of every gold futures contract, the seller must deliver 100 troy ounce (5 percent more or less) of refined gold, assaying not less than .995 fineness, cast either in one bar or in three one-kilogram bars and bearing a seal number and identifying stamp of a refiner approved and listed by COMEX. A list of approved refiners and assayers is available from the Exchange upon request.

Trading Months: Trading is conducted for delivery during the current calendar month, the next two calendar months, and any February, April, August and October thereafter falling within a 23-month period and any June and December falling within a 60-month period beginning with the current month.

Price Multiples: Price changes are registered in multiples of ten cents ($. 10) per troy ounce, equivalent to $ 1 0 per contract. A fluctuation of one dollar ($I) is, therefore, equivalent to S I 00 per contract.

Delivery: First Notice Day is the last business day of the month prior to the maturing delivery month. Last Notice Day is the second last business day of the maturing delivery month. Last Trading Day is the third last business day of the maturing delivery month.


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