A precious metals futures contract is a legally binding agreement for delivery of gold or silver in the future at an agreed-upon price. The contracts are standardized by a futures exchange as to quantity, quality, time and place of delivery. Only the price is variable.
Gold Futures is a hedging tool for commercial producers and users of gold. We also provide global gold price discovery and opportunities for portfolio diversification. In addition we offer ongoing trading opportunities, since gold price responds quickly to political and economic events. It serves as an alternative to investing in gold bullion, coins etc.
|Product||Symbol||Contract Unit||Contract Size||Instrument Type||Initial Margin||Tick Size||Contract Month|
|Gold||GC||Troy Ounce||100||Futures - Metal||2000||0.1||Feb,Apr,Jun,Aug,Dec|
|Silver||SI||Troy Ounce||5000||Futures - Metal||2000||0.005||Mar,May,Jul,Sep,Dec|
|Copper||HG||Lbs||25000||Futures - Metal||2000||0.0005||Mar,May,Jul,Sep,Dec|