MGC — Micro Gold Futures
MGC has a minimum price movement of 0.1 points, worth $1.00 per contract. One full point equals $10.00 per contract.
Last verified 2026-08-26Official exchange specification ↗
Contract specifications
| Symbol | MGC |
|---|---|
| Exchange | COMEX |
| Contract multiplier | 10 |
| Tick size | 0.1 points |
| Tick value | $1.00 |
| Point value | $10.00 |
| Trading hours | Sunday–Friday, 5:00 p.m.–4:00 p.m. CT, with a daily 60-minute maintenance break. |
| Contract months | February, April, June, August, October, December |
| Settlement | Physical delivery |
| Currency | USD |
| Micro / parent | GC |
Ten ticks in MGC
A 1-point move equals 10 ticks. For one contract, 10 × $1.00 = $10.00 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.
MGC is smaller than GC but remains leveraged and physically deliverable at expiration.