Please visit our sponsors

Rolclub does not endorse ads. Please see our disclaimer.
Results 1 to 3 of 3

Thread: Gold Futures

  1. #1
    Junior Member
    Join Date
    Mar 2015
    Location
    China
    Posts
    11
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default Gold Futures

    Gold Futures
    Gold is traded in dollars and cents per ounce. For example, when gold is trading at $600 per ounce, the contract has a value of $60,000 (600 x 100 ounces). A trader that is long at 600 and sells at 610 will make $1,000 (610 – 600 = $10 profit, 10 x 100 ounces = $1,000). Conversely, a trader who is long at 600 and sells at 590 will lose $1,000.


    The minimum price movement or tick size is 10 cents. The market may have a wide range, but it must move in increments of at least 10 cents.


    Both the eCBOT and COMEX specify delivery to New York area vaults. These vaults are subject to change by the exchange.


    The most active months traded (according to volume and open interest) are February, April, June, August, October and December.


    To maintain an orderly market, the exchanges will set position limits. A position limit is the maximum number of contracts a single participant can hold. There are different position limits for hedgers and speculators.

  2. Sponsored Links
  3. #2
    Senior Member
    Join Date
    Jun 2013
    Posts
    111
    Feedback Score
    0
    Thanks
    0
    Thanked 1 Time in 1 Post

    Default

    Gold has been very volatile and still it has made a negative trend , its better to hold on for any buying options.

  4. #3
    Member
    Join Date
    Jul 2015
    Posts
    36
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Gold Future is here .........:)

  5. Sponsored Links

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Share |