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Shanghai Gold (USD) Futures Contract Specs

Contract Unit 32.15 troy ounces
Price Quotation U.S. dollars and cents per troy ounce
Trading Hours Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET)
Minimum Price Fluctuation 0.10 per troy ounce = $3.215
Product Code CME Globex: SGU
CME ClearPort: SGU
Clearing: SGU
Listed Contracts Monthly contracts listed for 3 consecutive months and all February, April, June, August, October, and December contracts within a 12-month period 
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month shall be the closing price of the Shanghai Gold Benchmark Price PM on the last trading day. The Shanghai Gold Benchmark Price PM shall be converted to US Dollars per troy ounce using the USD/CNH rate as reported by EBS Service Company Limited and using a conversion factor of 32.15 troy ounces per kilogram and rounded to the nearest $0.05.
Termination Of Trading Trading terminates on the 3rd last U.S. business day of the contract month unless it is not a Chinese business day. If it is not a Chinese business day, trading terminates the previous U.S. and China business day.
Settlement Procedures Gold Settlement Procedures
Position Limits NYMEX Position Limits
Exchange Rulebook COMEX 127
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing