E-mini Gold Futures (QO) are half the size of the standard Gold Futures contract, providing traders with a midsize option to gain exposure to gold prices. These contracts offer a balance between the standard and micro contracts, making them suitable for mid-sized accounts or traders seeking more flexibility in position sizing.
Contract Size: 50 troy ounces
Example: This contract size allows traders to gain exposure to metals with controlled leverage and risk.
These specifications make E-mini Gold (QO) Futures suitable for traders seeking exposure to metals markets.
E-mini Gold (QO) Futures trade with extended hours, providing flexibility for traders in different time zones.
Platform Symbol: QO
To trade E-mini Gold (QO) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.
Proper position sizing is crucial when trading E-mini Gold (QO) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.
For E-mini Gold (QO) Futures (QO):
If you want to risk $500 with a 10-point stop loss:
Risk per Contract = Stop Loss in Points × Point Value = 10 × 50.00 per point = $500
Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $500 = 1 contract