What are gold futures right now?
Table of Contents
What are gold futures right now?
Futures Overview
| Metals | Last | Chg |
|---|---|---|
| Gold Continuous Contract | $1,841.20 | 10.90 |
| Silver Continuous Contract | $21.490 | 0.365 |
| Copper Continuous Contract | $3.7590 | 0.0185 |
What is the Comex price of gold?
Commodities news
| Commodity | Last price/ contract | Today’s change |
|---|---|---|
| COMEX Gold As of Jul 08 2022 16:17 BST. | 1,742.00 USD | +4.10 +0.24% |
| Iron ore As of Jul 07 2022. | 115.14 USD | 0.00 0.00% |
| Silver 5000oz As of Jul 08 2022 17:41 BST. | 19.10 USD | -0.022 -0.12% |
| Copper As of Jul 08 2022 18:03 BST. | 3.53 USD | -0.0505 -1.41% |
What is Comex gold futures?
COMEX is the primary futures and options market for trading metals such as gold, silver, copper, and aluminum. COMEX is an abbreviation of the exchange’s full name: The Commodity Exchange Inc. COMEX merged with the New York Mercantile Exchange (NYMEX) in 1994 and became the platform responsible for its metals trading.
How is gold performing today?
Spot gold fell 1% to $1,848.67 per ounce by 1759 GMT, after earlier falling to $1,846.4. U.S. gold futures settled down 1.1% at $1,850.2.
Who owns the Comex?
COMEX, a gold trust owned by iShares. Comex Group, a Mexican paint manufacturer and distributor.
What time do gold futures open?
Gold futures contract specifications
| Exchange | COMEX |
|---|---|
| Contract Size | 100 troy ounces |
| Minimum Tick Size and Value | 0.10, worth $10.00 per contract. |
| Trading Times | Gold futures trade from 6:00 p.m. U.S. ET until 5:00 p.m. U.S. ET, Sunday through Friday, with a 60-minute break each day beginning at 5:00 p.m. U.S. ET. |
When should I buy gold futures?
Most investors buy and sell gold futures contracts before the expiration date so that they don’t have to take possession of the gold. However, trading the contract allows them to take advantage of the price fluctuations before the contract expires.
What time does Comex gold open?
Gold Futures
| Gold Contract Specifications | |
|---|---|
| Product Symbol | GC |
| Venue | CME Globex, CME ClearPort, Open Outcry (New York) |
| Trading Hours | CME Globex: Sun–Fri 5:00pm–4:15pm CT with a 45-minute break each day beginning at 4:15pm |
| CME ClearPort: Sun–Fri 5:00pm–4:15pm CT with a 45-minute break each day beginning at 4:15pm |
Will the gold rise tomorrow?
Gold Rate Forecast for Tomorrow is Rs. 4806 for 22 Carat & Rs. 5243 for 24 Carat segment. Expected change is very low i.e. 0.634% & 0.636% for 22 Carat & 24 Carat respectively.
Is COMEX part of NYMEX?
NYMEX, a Designated Contract Market offering products subject to NYMEX rules and regulations, became a part of CME Group in 2008, bringing NYMEX and COMEX under the umbrella of CME Group.
What happens when gold futures expire?
Upon expiration of the futures contract, the clearinghouse matches the holder of a long contract against the holder of a short position. The short position delivers the underlying asset to the long position.
Is it better to buy gold or gold ETF?
Physical gold may also be less liquid and more difficult or costly to sell. ETFs that track gold can be a more liquid and cost effective way to go, especially with several funds now available with expense ratios as low as 0.17%.
