Gold futures

Gold futures are exchange-traded contracts on gold, the benchmark on COMEX in dollars per troy ounce, trading above London spot by the carry. Gold pays nothing, so real yields move it more than mines do, and MCX gold is this price times the rupee, plus duty. A gold contract on Mochatrade references spot, not COMEX.

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On MochatradeSee what you can trade on Mochatrade
  • Troy ounceA troy ounce is 31.1035 grams, the unit gold, silver, platinum and palladium are priced in, about 10% heavier than an…
  • COMEXCOMEX is the New York exchange, part of CME Group, where benchmark gold, silver and copper futures trade. Globex runs…
  • Gold ETFA gold ETF is a listed fund that holds bars in a vault and issues units that track the gold price. An issuer holds the…
  • Spot price vs futures priceThe spot price is for delivery now; the futures price is for delivery later, and the gap is the cost of carry, which…
  • CopperCopper is the industrial metal priced three ways: LME in dollars per tonne, COMEX in cents per pound, Shanghai in…
  • Overnight session (24-hour stock trading)The overnight session is US stock trading through the American night, which is the Indian working day, on a handful of…

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.

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