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miNY Gold Futures Contract Specs

Product Symbol QO
Venue CME Globex
Hours
(All Times are New York Time/ET)
CME Globex: Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Contract Size 50 troy ounces
Price Quotation U.S. dollars and cents per troy ounce
Minimum Fluctuation $0.25 per troy ounce
Floating Price The floating price for each contract month is equal to the COMEX Gold Futures contract's settlement price for the corresponding contract month on the third last business day of the month prior to the named contract month.
Termination of Trading Trading terminates on the third last business day of the month preceding the delivery month.
Listed Contracts Trading is conducted for delivery in any February, April, June, August, October, and December falling within a 24-month period for which a 100 Troy Ounce Gold Futures contract is listed.
Settlement Type Financial
Settlement Procedure

Daily miNY Gold Settlement Procedure (PDF)
Final miNY Gold Settlement Procedure (PDF)

Position Limits NYMEX Position Limits
Rulebook Chapter 911
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of COMEX.