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E-micro Gold Futures Contract Specs

Contract Unit 10 troy ounces
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)
Minimum Price Fluctuation 0.10 per troy ounce = $1.00
Product Code CME Globex: MGC
CME ClearPort: MGC
Clearing: MGC
TAS: MGT
Listed Contracts Monthly contracts listed for any Feb, Apr, Jun, Aug, Oct, and Dec in the nearest 24 months
Settlement Method Deliverable
Termination Of Trading Trading terminates on the third last business day of the contract month.
Trade At Marker Or Trade At Settlement Rules Trading at Settlement is eligible in the first, second and third active contract month - February, April, June, August, December.
Settlement Procedures E-micro Gold Futures Settlement Procedures
Position Limits NYMEX Position Limits
Exchange Rulebook COMEX 120
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.