GOLD (ENHANCED DELIVERY) - OVERVIEW
The new Gold (Enhanced Delivery) futures contract – ticker symbol 4GC – is a physically-delivered contract that will offer expanded choices for physical delivery in COMEX-approved warehouses.
4GC futures will enable delivery of 400-ounce, 100-ounce, and Kilo bar sizes to offer participants maximum flexibility for managing delivery in the current market conditions.
The contract will be listed on COMEX for April 2020 initial expiration, traded in US dollars per troy ounce, and sized at 100 troy ounces, complementing our existing products such as benchmark Gold futures (GC).
Resources
Explore this product in depth
Review contract highlights
Contract Unit
100 troy ounces
Price Quotation
U.S. dollars and cents per troy ounce
Product Code
CME Globex: 4GC
CME ClearPort: 4GC
Clearing: 4GC
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...
Key benefits
400 ounce and 1-kilo choices facilitate delivery
Added delivery sizes means fewer bars must be recast to be accepted at New York COMEX-approved warehouses.
Access via inter-commodity spreads (ICS) with GC futures
ICS gives existing GC traders easier access to the new market.
Accumulated Certificates of Exchange (ACEs) accepted
Due to different delivery sizes available, ACEs will be accepted to enable seamless delivery.
Products
CommodityDirect via CME Chat
CommodityDirect via CME Chat allows you to discuss Aluminum MW US Transaction Premium Platts futures market activity in real time. Connect with global market participants and access live prices and volume over a fast, secure network.
View the latest insights on trends in the Metals market.
Contact a Metals expert
Connect with a member of our expert Metals team for more information about our products.
© 2021 CME Group Inc. All rights reserved.