Micro Gold Futures (MGC) | Contract Overview

What is a Micro Gold Futures Contract?

Micro Gold futures (Ticker: MGC) are the most accessible entry point into the professional gold market. At just 10 troy ounces, these contracts are 1/10th the size of a standard Gold (GC) contract and 1/5th the size of an E-mini (QO). With a minimum tick of $1.00, MGC allows traders with smaller accounts to participate in the market with extreme precision. These contracts are designed for active intraday speculation, providing deep liquidity and significantly lower margin requirements for those seeking direct exposure to gold price movements without the heavy capital commitment of larger contracts.

Micro Gold Futures Contract Specifications

Product:

Micro Gold

Futures Contract Symbol:

MGC

Exchange:

CME

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)

Minimum Price Fluctuation:

0.10 per troy ounce = $1.00

Contract Months:

Monthly contracts listed for any Feb, Apr, Jun, Aug, Oct, and Dec in the nearest 24 months

Settlement Method:

Deliverable

Exchange Fees:

Margin Requirements for E-mini Gold Futures

Holding Period:

Day Trading Margins

Overnight Margins

Margins:
$100
$2,640

Other contracts can be found on our margins page.

Source: CME

The above information is derived from sources believed to be accurate. It is provided without guarantees and is subject change without notice.

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