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Contract Specifications

Gold Futures Contract Specifications

Gold Futures (GC)

  • Trading Symbol: GC
  • Contract Size: 100 troy ounces
  • Trading Hours: Sunday–Friday: 5:00 PM – 4:00 PM CT (Daily break: 4:00 PM – 5:00 PM CT)
  • Tick Size: $0.10 per troy ounce
  • Tick Value: $10.00 per contract ($0.10 × 100 troy ounces)
  • Settlement Method: Physically settled (gold delivery)
  • Initial Margin: $12,100 (as of April 2025, per CME Group)
  • Maintenance Margin: $11,000 (as of April 2025, per CME Group)
  • Contract Months: Feb (G), Apr (J), Jun (M), Aug (Q), Oct (V), Dec (Z), plus all months for the first three years
  • Exchange: CME Group (COMEX)

E-mini Gold Futures (QO)

  • Trading Symbol: QO
  • Contract Size: 50 troy ounces
  • Trading Hours: Sunday–Friday: 5:00 PM – 4:00 PM CT (Daily break: 4:00 PM – 5:00 PM CT)
  • Tick Size: $0.25 per troy ounce
  • Tick Value: $12.50 per contract ($0.25 × 50 troy ounces)
  • Settlement Method: Physically settled (gold delivery)
  • Initial Margin: $6,050 (as of April 2025, per CME Group)
  • Maintenance Margin: $5,500 (as of April 2025, per CME Group)
  • Contract Months: Feb (G), Apr (J), Jun (M), Aug (Q), Oct (V), Dec (Z)
  • Exchange: CME Group (COMEX)

Micro Gold Futures (MGC)

  • Trading Symbol: MGC
  • Contract Size: 10 troy ounces
  • Trading Hours: Sunday–Friday: 5:00 PM – 4:00 PM CT (Daily break: 4:00 PM – 5:00 PM CT)
  • Tick Size: $0.10 per troy ounce
  • Tick Value: $1.00 per contract ($0.10 × 10 troy ounces)
  • Settlement Method: Physically settled (gold delivery)
  • Initial Margin: $1,210 (as of April 2025, per CME Group)
  • Maintenance Margin: $1,100 (as of April 2025, per CME Group)
  • Contract Months: Feb (G), Apr (J), Jun (M), Aug (Q), Oct (V), Dec (Z)
  • Exchange: CME Group (COMEX)

Silver Futures Contract Specifications

Silver Futures (SI)

  • Trading Symbol: SI
  • Contract Size: 5,000 troy ounces
  • Trading Hours: Sunday–Friday: 5:00 PM – 4:00 PM CT (Daily break: 4:00 PM – 5:00 PM CT)
  • Tick Size: $0.005 per troy ounce
  • Tick Value: $25.00 per contract ($0.005 × 5,000 troy ounces)
  • Settlement Method: Physically settled (silver delivery)
  • Initial Margin: $16,500 (as of April 2025, per CME Group)
  • Maintenance Margin: $15,000 (as of April 2025, per CME Group)
  • Contract Months: Jan (F), Mar (H), May (K), Jul (N), Sep (U), Dec (Z), plus additional months for the first three years
  • Exchange: CME Group (COMEX)

Mini Silver Futures (QI)

  • Trading Symbol: QI
  • Contract Size: 2,500 troy ounces
  • Trading Hours: Sunday–Friday: 5:00 PM – 4:00 PM CT (Daily break: 4:00 PM – 5:00 PM CT)
  • Tick Size: $0.0125 per troy ounce
  • Tick Value: $31.25 per contract ($0.0125 × 2,500 troy ounces)
  • Settlement Method: Physically settled (silver delivery)
  • Initial Margin: $8,250 (as of April 2025, per CME Group)
  • Maintenance Margin: $7,500 (as of April 2025, per CME Group)
  • Contract Months: Jan (F), Mar (H), May (K), Jul (N), Sep (U), Dec (Z)
  • Exchange: CME Group (COMEX)

Micro Silver Futures (SIL)

  • Trading Symbol: SIL
  • Contract Size: 1,000 troy ounces
  • Trading Hours: Sunday–Friday: 5:00 PM – 4:00 PM CT (Daily break: 4:00 PM – 5:00 PM CT)
  • Tick Size: $0.001 per troy ounce
  • Tick Value: $1.00 per contract ($0.001 × 1,000 troy ounces)
  • Settlement Method: Physically settled (silver delivery)
  • Initial Margin: $3,300 (as of April 2025, per CME Group)
  • Maintenance Margin: $3,000 (as of April 2025, per CME Group)
  • Contract Months: Jan (F), Mar (H), May (K), Jul (N), Sep (U), Dec (Z)
  • Exchange: CME Group (COMEX)

Copper Futures Contract Specifications

Copper Futures (HG)

  • Trading Symbol: HG
  • Contract Size: 25,000 pounds
  • Trading Hours: Sunday–Friday: 5:00 PM – 4:00 PM CT (Daily break: 4:00 PM – 5:00 PM CT)
  • Tick Size: $0.0005 per pound
  • Tick Value: $12.50 per contract ($0.0005 × 25,000 pounds)
  • Settlement Method: Physically settled (copper delivery)
  • Initial Margin: $6,600 (as of April 2025, per CME Group)
  • Maintenance Margin: $6,000 (as of April 2025, per CME Group)
  • Contract Months: All months (Jan [F], Feb [G], Mar [H], Apr [J], May [K], Jun [M], Jul [N], Aug [Q], Sep [U], Oct [V], Nov [X], Dec [Z])
  • Exchange: CME Group (COMEX)

E-mini Copper Futures (QC)

  • Trading Symbol: QC
  • Contract Size: 12,500 pounds
  • Trading Hours: Sunday–Friday: 5:00 PM – 4:00 PM CT (Daily break: 4:00 PM – 5:00 PM CT)
  • Tick Size: $0.002 per pound
  • Tick Value: $25.00 per contract ($0.002 × 12,500 pounds)
  • Settlement Method: Physically settled (copper delivery)
  • Initial Margin: $3,300 (as of April 2025, per CME Group)
  • Maintenance Margin: $3,000 (as of April 2025, per CME Group)
  • Contract Months: All months (Jan [F], Feb [G], Mar [H], Apr [J], May [K], Jun [M], Jul [N], Aug [Q], Sep [U], Oct [V], Nov [X], Dec [Z])
  • Exchange: CME Group (COMEX)

Micro Copper Futures (MHG)

  • Trading Symbol: MHG
  • Contract Size: 2,500 pounds
  • Trading Hours: Sunday–Friday: 5:00 PM – 4:00 PM CT (Daily break: 4:00 PM – 5:00 PM CT)
  • Tick Size: $0.002 per pound
  • Tick Value: $5.00 per contract ($0.002 × 2,500 pounds)
  • Settlement Method: Physically settled (copper delivery)
  • Initial Margin: $660 (as of April 2025, per CME Group)
  • Maintenance Margin: $600 (as of April 2025, per CME Group)
  • Contract Months: All months (Jan [F], Feb [G], Mar [H], Apr [J], May [K], Jun [M], Jul [N], Aug [Q], Sep [U], Oct [V], Nov [X], Dec [Z])
  • Exchange: CME Group (COMEX)

Platinum Futures Contract Specifications

Platinum Futures (PL)

  • Trading Symbol: PL
  • Contract Size: 50 troy ounces
  • Trading Hours: Sunday–Friday: 5:00 PM – 4:00 PM CT (Daily break: 4:00 PM – 5:00 PM CT)
  • Tick Size: $0.10 per troy ounce
  • Tick Value: $5.00 per contract ($0.10 × 50 troy ounces)
  • Settlement Method: Physically settled (platinum delivery)
  • Initial Margin: $7,150 (as of April 2025, per CME Group)
  • Maintenance Margin: $6,500 (as of April 2025, per CME Group)
  • Contract Months: Jan (F), Apr (J), Jul (N), Oct (V)
  • Exchange: CME Group (NYMEX)