Gold (COMEX) (GC) Futures

$2645.00
-13.70[-0.52%]
as of 2025-01-03
Q

What is a Gold COMEX future?

A

Gold COMEX futures are contracts sold on the New York Mercantile Exchange.

Q

How much gold is sold in a gold future contract?

A

100 troy ounces are included in a gold futures contract.

Q

Who sets the price of gold?

A

Gold prices are set by different organizations like COMEX and the London OTC market that must generate a “spot price” for trading purposes.

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