Gold (GC) Futures Contract Specifications

What Are Gold (GC) Futures?

Gold Futures (GC) provide traders with exposure to gold prices without the need to hold physical gold. These contracts are widely used for speculation on gold price movements, hedging against inflation, or diversifying investment portfolios.

Contract Size

Contract Size: 100 troy ounces

Example: This contract size allows traders to gain exposure to metals with controlled leverage and risk.

Tick Value and Increment

  • Tick Size: 0.10 USD per troy ounce
  • Tick Value: $10.00 per tick
  • Point Value: $100.00 per point

These specifications make Gold (GC) Futures suitable for traders seeking exposure to metals markets.

Trading Hours

Gold (GC) Futures trade with extended hours, providing flexibility for traders in different time zones.

  • Trading Hours: Sunday to Friday, nearly 24 hours a day with a short break
  • Time Zone: Central Time (CT)

Trading Symbol

Platform Symbol: GC

Margins

To trade Gold (GC) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.

Why Trade Gold (GC) Futures?

  • Exposure to gold without the storage and security concerns of physical gold
  • High liquidity and tight bid-ask spreads
  • Effective hedging tool against inflation and currency devaluation
  • Extended trading hours covering all global market sessions
  • Standardized contract specifications and regulated exchange

Position Sizing for Gold (GC) Futures

Proper position sizing is crucial when trading Gold (GC) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.

Position Size Calculator Example

For Gold (GC) Futures (GC):

  • Tick Size: 0.10 USD per troy ounce
  • Tick Value: $10.00 per tick
  • Point Value: $100.00 per point

If you want to risk $500 with a 10-point stop loss:

Risk per Contract = Stop Loss in Points × Point Value = 10 × 100.00 per point = $1000

Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $1000 = 0 contracts