GOLD FUTURES TRADING:
No other market in the world has the universal appeal of the gold market. For centuries, gold has been coveted for its unique blend of rarity, beauty, and near indestructibility. Nations have embraced gold as a store of wealth and a medium of international exchange; individuals have sought to possess gold as insurance against the day-to-day uncertainties of paper money. There are two contract denominations available for trade:
Maximum Daily Price Fluctuation is $0.25 per ounce.
Contract Expiration: Request Free Demo to gain access to our web-based trading platform. From within the web-based platform you will have access to view complete contract specifications, including First Notice and Last Trading day.
Margin requirements are subject to change, and are required for open futures positions.
Both Gold futures contracts are available for trade on the CME Globex trading platform, and the Chicago Board of Trade. Open outcry is conducted from 5:20AM PT until 10:00AM PT. Electronic trading is conducted from 3:00PM PT until 2:15PM PT, with only a 45 minute break each day.
Trading example: If you were to purchase 1 contract of GC at $800/oz and the next day it moves to $810, you have a profit of $1,000. Inversely, if it were to move to $790, you would have a loss of $1,000. For less risk/volatility you can trade the mini contract which is ⅓ the size.
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To make sense of the information provided and learn how to trade futures please read through our futures education.
This information is from sources believed to be reliable, but Expo Futures will not be held responsible for either its accuracy or completeness. Please note that all times posted are in Pacific Standard Time and are subject to change.
For information on a particular contract not listed, please feel free to contact us.
* Please Note:There is a risk of loss in trading futures.