|Contract Unit||100 troy ounces|
|Minimum Price Fluctuation||0.10 per troy ounce = $10.00|
|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)|
|Product Code||CME Globex: OG1,OG2,OG3,OG4,OG5CME ClearPort: OG1,OG2,OG3,OG4,OG5Clearing: OG1,OG2,OG3,OG4,OG5|
|Listed Contracts|| Weekly contracts listed for 4 consecutive weeks.
No weekly contract listed if it would expire the business day after the expiration of the monthly option.
|Termination Of Trading||Trading terminates on Friday of the contract week. If Friday is not a business day, trading terminates on the first business day prior to Friday.If the business day immediately preceding the Friday is a Gold monthly option expiration, the weekly option shall not be listed.|
|Position Limits||COMEX Position Limits|
|Exchange Rulebook||COMEX 1008|
|Block Minimum||Block Minimum Thresholds|
|Price Limit Or Circuit||Price Limits|
|Vendor Codes||Quote Vendor Symbols Listing|
|Strike Price Listing Procedures||Strike Price Listing and Exercise Procedures Table|
Gold futures are hedging tools for commercial producers and users of gold. They also provide global gold price discovery and opportunities for portfolio diversification. In addition, they:
Things to know about the contracts: