What is Comex gold price?
|Commodity||Last price/ contract||Today’s change|
|COMEX Gold As of Feb 15 2022 05:31 GMT.||1,879.70 USD||+11.70 +0.63%|
|Platinum As of Feb 15 2022 06:10 GMT.||1,029.60 USD||+1.60 +0.16%|
|Palladium As of Feb 15 2022 05:39 GMT.||2,346.00 USD||0.00 0.00%|
|Silver 5000oz As of Feb 14 2022.||23.85 USD||0.00 0.00%|
Is there a stock ticker for gold?
Gold / US Dollar Spot XAU=:Exchange.
Is gold a future?
Gold futures are standardized, exchange-traded contracts in which the contract buyer agrees to take delivery, from the seller, a specific quantity of gold at a predetermined price on a future delivery date….Gold futures contract specifications.
|Minimum Tick Size and Value||0.10, worth $10.00 per contract.|
Can Indian trade in Comex?
Unique modus operandi: Selling silver futures in India & buying on Comex. According to Indian laws, commodity brokers are barred from trading in international exchanges. They are neither allowed to trade on terminals sold by foreign bourses nor use Internet accounts to take positions there.
Is IAU backed by physical gold?
IAU is an efficient way for investors to hold physical gold. The fund removes the complexities for retail investors of buying, transporting, storing and insuring physical gold. Using a grantor trust structure, the fund is a very stable fund. The daily NAV of the trust is based on that day’s LBMA Gold Price PM.
What metals are traded on the NYMEX?
In addition, platinum and palladium futures are traded on the NYMEX, as well. The Comex division deals in the trading of precious metals, as well as base metals. These contracts include gold, silver, copper, aluminum and various options on many of these contracts.
What is the NYMEX and how does it work?
The NYMEX, or New York Mercantile Exchange, is one of the leaders when it comes to commodities trading. The NYMEX is now owned and operated by Chicago’s CME Group. The exchange came from humble beginnings. In 1872, several Manhattan dairy merchants got together and created the butter and cheese exchange of New York.
Are NYMEX and COMEX related to NASDAQ?
New York Mercantile Exchange, Inc. (“NYMEX”) and Commodity Exchange, Inc. (“COMEX”) are not related to The NASDAQ Stock Market (“NASDAQ”). The marks NYMEX and COMEX are market data concerning trading on NYMEX or COMEX are the property of NYMEX and are shown by NASDAQ under license from NYMEX.
When did the NYMEX start trading futures?
In 2006, the NYMEX began trading futures electronically through the Chicago Mercantile Exchange’s Globex platform. During this time, the energy pits of the NYMEX saw a large reduction in trading volumes and floor personnel.