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Gold (Enhanced Delivery) Futures Contract Specs

Contract Unit 100 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 = $10.00
Product Code CME Globex: 4GC
CME ClearPort: 4GC
Clearing: 4GC
Listed Contracts Monthly contracts listed for 3 consecutive months and any February, April, August, and October in the nearest 23 months and any June and December in the nearest 72 months
Settlement Method Deliverable
Termination Of Trading Trading terminates at 12:30 p.m. CT on the third last business day of the contract month.
Settlement Procedures Gold Settlement Procedures
Position Limits NYMEX Position Limits
Exchange Rulebook COMEX 126
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Delivery Procedure Physical delivery via 100 troy ounce bars, kilo bars, or 400 troy ounce bars. 400 troy ounce bars are deliverable via “Accumulated Certificates of Exchange” (ACE) certificates issued by the CME Group Clearing House.
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.