The contract offers superior liquidity, trading the equivalent of nearly 27 million ounces daily. Also pointing to a normalisation of the market are lower gold deliveries. About Gold. […] I plan on turning to the smaller time frames to look for a bullish trend to form. 14. Gold Margin Requirements - (n) fiat US dollar deposits held at CME Clearing to ensure that clearing members can meet their obligations to their customers and to CME Clearing. Meets 8 times a year to set U.S. monetary policy and key interest rate changes; gold markets rise with rate cuts and vice versa, U.S. Dollar Index CME has broken its previous records with its increasingly popular Bitcoin futures options. Yahoo Finance is a leading financial destination, providing consumers with a broad range of comprehensive online financial services and information essential to managing one's financial life. Modern Slavery Act Transparency Statement, Sunday - Friday 5:00 p.m. – 4:00 p.m. CT with a 60-minute break each day at 4:00 p.m. CT, CME Globex offers electronic trading almost 24 hours/6 days a week, Current calendar month plus next two calendar months, Within 23-month period: Any Feb, Apr, Aug, & Oct contract, Within 72-month period: Any Jun & Dec contract, Trades equivalent of 27 million ounces/day - 30x SPDR Gold ETF at 0.8 million ounces/day, With GC futures, pay no management fees vs. an ETF that charges a fee on your position every day it’s held, Nearly 24-hour access enables you to act, not wait, as major events (Brexit, U.S. elections) unfold, GC futures have standardized physical delivery terms; redeeming ETF holdings for physical gold can be complex and restricted to certain investors, Gold ETF investments are treated as a collectible subject to large capital gains tax, vs blended 60 long-term/40 short-term capital gains treatment for GC futures, If looking to trade on margin, initial margin can be as low as 3% of contract value, versus 50%+ margin for ETF, plus any broker financing fees, Exchange-traded futures’ standardized terms make Buying and selling positions easier, All market participants see the same transparent prices, not just the other counterparty, Futures offer substantially mitigated counterparty credit risk, with payment backed by the exchange, You can easily offset your futures position in a centralized, electronic market -- unlike non-transferrable positions of forwards, Futures are regulated by CFTC oversight; trade settlement of forwards is dependent on counterparty. CME Group’s advanced figures for gold futures markets noted open interest rose for the second session in a row on Thursday, this time by nearly 2.1K contracts. According to flash data for gold futures markets from CME Group, open interest rose by more than 5K contracts on Wednesday after two consecutive daily Mid-month by BLS; measures inflation or cost-of-living changes, tracking the average price of a basket of goods and services. Open interest in gold futures markets resumed the downside on Monday, this time by around 2.8K contracts according to flash data from CME Group. Current and historical prices, chart and data for the COMEX Gold Futures #1 (GC1) contract. So now, new upgrades to the rigged casino known as Wall Street include Water Futures Contracts. Understand how the bond market moved back to its normal trading range, despite historic levels of volatility. Create a CMEGroup.com Account: More features, more insights. GC1!, 1D. The roll of futures expiring in December has been much cheaper. Chicago Mercantile Exchange (CME) Price Charts and Quotes for Futures, Commodities, Stocks, Equities, Foreign Exchange - INO.com Markets They also provide global gold price discovery and opportunities for portfolio diversification. A safe haven in times of financial uncertainty, our suite of gold products includes full (100 oz. Forty million ounces of gold is worth around $70 billion (52.54 billion pounds) at current prices and at $6 an ounce costs around $250 million to roll. CME Group’s gold futures contracts are generally available for 3 consecutive months and then on a quarterly schedule thereafter expiring in March, June, September and December. Gold prices rallied to record highs this year, and such rallies usually increase trading activity, but the number of active Comex contracts has lagged, with some investors using exchange-traded funds instead. Sign up to receive our daily futures and options newsletter, In Focus. "The spread is tighter (this time) but wider than it would be before March," said an executive at a large gold trading bank, adding that because interest rates are so low, the December roll is still very profitable. CME Group Inc.’s January 2021 contract, linked to California’s $1.1 billion spot water market, last traded Monday at 496 index points, equal to $496 per acre-foot. Measures the value of U.S. dollar relative to a basket of currencies for the U.S.’s most significant trading partners, Central Bank monetary policy announcements CME Group, the world's leading and most diverse derivatives marketplace, today announced the launch of a new gold futures contract with expanded delivery options that include 100-troy ounce, 400-troy ounce and 1-kilo gold bars. COMEX Gold futures (ticker symbol GC) represent the world’s leading benchmark futures contract for gold prices. Hear from active traders about their experience adding CME Group futures and options on futures to their portfolio. CME Group’s advanced figures for gold futures markets noted open interest rose … In th Gold Futures . U.S. exchange operator CME Group Inc said on Tuesday it was launching a new gold futures contract with expanded delivery options that include gold bars, in a bid to address the disruptions to bullion's supply due to the coronavirus outbreak. IF EVER THE MARKET COULDN'T BREAK THE RESISTANCE 1850/1860 . Traders increased their open interest in gold futures markets by nearly 1.4K contracts on Thursday, extending the erratic performance and in light of preliminary readings from CME Group. 2nd or 3rd week of the month by BLS; a weighted index of prices measured at the wholesale, or producer level; shows trends within the wholesale markets, manufacturing industries & commodities markets. Commodity futures prices / quotes and market snapshots that are updated continuously during trading hours. CME Group's E-mini Equity Options Trading Volume Surpasses 500,000 Contracts .. UBS Adjusts CME Group's Price Target to $197 From $188, Reiterates Buy Rating, Rosenblatt Adjusts CME Group's Price Target to $140 From $139, Keeps at Sell, Executive Chairman & Chief Executive Officer, Chief Operating Officer & Senior Managing Director. The company is comprised of four Designated Contract Markets (DCMs). Since March, when volatility linked to the pandemic dampened banks' willingness to sell futures contracts, the cost of swapping expiring futures for later-dated ones - a "roll" that investors wishing to maintain their positions must perform every few months - has been far higher than usual. That compares to a roughly $25 an ounce premium for the December future over the August one when those two contracts were exchanged, and a cost of around $15 an ounce to roll to August from June. Contracts use the following methodology to allow long term price comparisons: Front Month, Calendar-Weighted Adjusted Prices, Roll on First of Month, Continuous Contract History. It also generated record revenues for investment banks and others selling gold - income that will likely fall back as … Intraday futures prices are delayed 10 minutes, per exchange rules, and are listed in CST. Gold futures are hedging tools for commercial producers and users of gold. The contract offers superior liquidity, trading the equivalent of nearly 27 million ounces daily. For graphic of The gold futures roll: https://fingfx.thomsonreuters.com/gfx/ce/ygdvzbeorvw/ROLL.JPG. Some of these will be delivered against and others rolled forward in the coming weeks. For example, when gold is trading at $600 per ounce, the contract has a value of $60,000 ($600 x 100 ounces). Commodity futures prices / quotes and market snapshots that are updated continuously during trading hours. Free intra-day Gold Futures Prices / Gold Quotes. The options for the new contract sizes include 100-troy ounce, 400-troy ounce and 1-kilo gold bars. For CME and CBT products submitted via CME ClearPort Clearing, the hours are: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday 5:45 p.m. – 6:00 p.m. CT In gold futures (SI) trading, two different kinds of margin requirement levels get made for two different types of market participants. Learn why traders use futures, how to trade futures and what steps you should take to get started. cme gold futures quotes: china government bonds: cme gold futures prices quotes: germany 10 year bond: cme gold futures contract: us 2 year bond: cme silver futures: us 10 year bond: Prev. Stream live futures and options market data directly from CME Group. View the futures and commodity market news, futures pricing and futures trading. Explore historical market data straight from the source to help refine your trading strategies. GC futures have many uses: to diversify a portfolio, to invest in what is widely viewed as a safe haven asset in times of uncertainty, to hedge inflation, and even as a currency. Gold Futures Monthly time frame is holding at support. Trending. More than 400,000 December contracts representing over 40 million ounces of gold have been swapped this month for futures expiring in February which have cost around $6 an ounce more, CME … Gold is traded in dollars and cents per ounce. Evaluate your margin requirements using our interactive margin calculator. This has deterred some investors from buying and holding gold on CME Group's Comex exchange in New York, the world's largest precious metals futures trading venue. Free intra-day Gold (Globex) Futures Prices / Gold (Globex) Quotes. HKEX to launch 37 MSCI equity index futures and options contracts HKEX Sustainable & Green Exchange Collaborating on sustainable finance amongst our stakeholders GC. 1 day ago. How to Invest in Gold Futures (11/13/2020)-No matter what your investment goals are―whether it’s wealth appreciation or preservation―gold futures can help. 1 Donald Trump; 2 Cleveland Indians; 3 Lindsey Boylan Cuomo; 4 Green Bay Packers; CME Group CME declared the launch of a gold futures contract with expanded delivery options. Open interest in gold futures markets rose for the second session in a row on Friday, this time by nearly 4.9K contracts in light of flash data from CME Group. Continuing: Top Searches Holiday Gifts. Overnight (Globex) prices are shown on the page through to 7pm CST, after which time it will list only trading activity for the next day. Get the latest Gold price (GC:CMX) as well as the latest futures prices and other commodity market news at Nasdaq. For graphic of Comex gold rush: https://fingfx.thomsonreuters.com/gfx/ce/xlbpgzerqvq/ROLL%20DELIVERIES.JPG. Is a key driver of Fed policy, FOMC (Federal Open Markets Committee) How lovely. Each standard Gold Futures (GC) contract represents 100 troy ounces of gold, which is the weight of one gold brick. For graphic of Open interest vs prices: https://fingfx.thomsonreuters.com/gfx/ce/ygdpzblrepw/ROLL%20OI%20VS%20PRICE.JPG, For graphic of Gold ETFs vs futures: https://fingfx.thomsonreuters.com/gfx/ce/jznvnnadmvl/ROLL%20ETFS%20VS%20SPEC.JPG, (Reporting by Peter Hobson; Editing by Jan Harvey), CME Group's E-mini Equity Options Trading Volume Surpasses 500,000 Contracts in More Than Three Months, https://fingfx.thomsonreuters.com/gfx/ce/ygdvzbeorvw/ROLL.JPG, https://fingfx.thomsonreuters.com/gfx/ce/xlbpgzerqvq/ROLL%20DELIVERIES.JPG, https://fingfx.thomsonreuters.com/gfx/ce/ygdpzblrepw/ROLL%20OI%20VS%20PRICE.JPG, https://fingfx.thomsonreuters.com/gfx/ce/jznvnnadmvl/ROLL%20ETFS%20VS%20SPEC.JPG. CME Group is the world's leading and most diverse derivatives marketplace. The new contract is expected to launch with a first expiration of April Gold Futures . Search our directory for a broker that fits your needs. When the futures curve is upward sloping (futures prices are higher than spot), which is typical for gold, it is said to be in contango, which generally reflects the cost of carry. The new contract, following the fulfillment of regulatory approval, is … As of Monday, traders had signalled they would deliver against 5,371 December contracts and 31,861 contracts remained open. GC00 | A complete Gold Continuous Contract futures overview by MarketWatch. Understand how CME Group can help you navigate new initial margin regulatory and reporting requirements. The cost of the December to February roll has also been more stable than any since March as investors spaced out their transactions over a longer period. The new contract is expected to launch with a first expiration of April 2020, pending regulatory approval. Since March, record amounts of physical gold have changed hands on Comex, peaking in June with deliveries against 55,102 contracts representing 5.5 million ounces. Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX. Trade COMEX Gold futures and options contracts for a globally relevant, liquid financial instrument to help you hedge against inflation. ), E-mini (50 oz. Disclaimer  |  Privacy Policy  |  Cookie Policy  |  Terms of Use  |  Data Terms of Use  |  Modern Slavery Act Transparency Statement  |  Report a Security Concern. ), E-micro (10 oz. Monetary value of all finished goods and services produced within a country; broadly measures overall economic activity, CPI (Consumer Price Index) The All Futures page lists all open contracts for the commodity you've selected. I plan on looking for low prices in the buy zone. Access real-time data, charts, analytics and news from anywhere at anytime. Trading hours are in U.S. Central Time unless otherwise stated. Sellers of futures make money when the price difference between the expiring and later-dated futures exceeds the cost of financing and storing gold for the period between the two. Get quick access to tools and premium content, or customize a portfolio and set alerts to follow the market. NinjaTrader for example requires you have $1,000 in your account to open a position for one E-Mini Gold Futures contract. In addition, they: Offer ongoing trading opportunities, since gold prices respond quickly to political and economic events COMEX (operated by CME Group) and LMEprecious are key market centres for gold futures trading. GC futures make it easy to take part in today’s gold markets, which can be very responsive to world events -- delivering opportunities in nearly all market conditions. Financial crises and elections create financial uncertainty and in turn, impact demand for and the price of gold, Non-Farm Payroll AMEDAT. 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