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COMEX · Metals

GCGold Futures

GC has a minimum price movement of 0.1 points, worth $10.00 per contract. One full point equals $100.00 per contract.

Contract specifications

SymbolGC
ExchangeCOMEX
Contract multiplier100
Tick size0.1 points
Tick value$10.00
Point value$100.00
Trading hoursSunday–Friday, 5:00 p.m.–4:00 p.m. CT, with a daily 60-minute maintenance break.
Contract monthsFebruary, April, June, August, October, December
SettlementPhysical delivery
CurrencyUSD
Micro / parentMGC
WORKED EXAMPLE

Ten ticks in GC

A 1-point move equals 10 ticks. For one contract, 10 × $10.00 = $100.00 before commissions and slippage.

Calculate another move →

Margin and risk

Exchange and broker margin can change and is not the maximum possible loss. Determine position size from the dollar loss at a predefined stop, not solely from the number of contracts margin permits.

Gold reacts to rates, currencies, inflation expectations, and geopolitical events.

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