COMEX Gold Kilo Futures

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CME Group began listing gold kilo futures, physically deliverable to Hong Kong, in January 2015. The contract is designed to meet the needs of the growing requirements in the Asian bullion marketplace, according to the exchange.

The COMEX-listed Gold Kilo Futures contract will offer the ability to make or take delivery of kilo gold bars with minimum 9999 fineness at CME Group-registered facilities in Hong Kong. [1]


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Gold Kilo futures
Exchange CME Comex
Settlement Physically delivered
Contract Size One kilogram (32.15 troy ounces)
Pricing Unit U.S. Dollars and Cents per troy ounce
Tick Value 10 cents per Troy ounce
Contract Months The current calendar month, the next two calendar months, and each February, April, June, August, October, and December falling within a 12-month period beginning with the current contract month
Last Trading Day Three business days prior to the Delivery Day
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)

CME ClearPort: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)

Ticker Symbol N/A CME Globex: GCK

CME ClearPort: GCK

Clearing: GCK

Price Limits N/A N/A


References

  1. CME Starts Gold Futures in Hong Kong in Price-Benchmark Race. Bloomberg.

Gold Kilo Futures Contract Specs