Trade: CME GROUP (CME Globex, CME ClearPort, Open Outcry / New York)
Commodity trading with Gold

Commodity Gold

Next to oil, the commodity price most often mentioned in news broadcasts is certainly the price of gold. For thousands of years, gold has been the most widely used store of value. Until a few decades ago, many currencies were gold-backed and therefore derived their value from the value of the precious metal. Even today, large amounts of gold are held by central banks around the world. In particular, the export-strong nations in Asia have been able to significantly expand their stocks in recent decades. Industrial applications for gold are primarily found in the jewelry and electronics industries. The price of the fine ounce of gold experienced a significant price increase in recent years.

Trade data on Gold

Product symbol: GC

Trade: CME GROUP (CME Globex, CME ClearPort, Open Outcry / New York)
Contract size: 100 troy ounces
Trade price: USD and cents per troy ounce
Minimum trade movement: 0.10 USD per troy ounce
Under no circumstances should this information be construed as legal, tax or securities advice. All data is for personal use only. When compiling the data and reproducing information, LV Asset Management AG proceeds with the greatest possible care, but points out that all statements and information made are completely non-binding and without guarantee.
The information presented in no way represents a recommendation, an offer or an invitation to purchase financial products or an invitation to make such an offer. Potential investors should independently check and assess the information available and have the chances of profit of their investment checked by a neutral body – such as the house bank.
Options and futures are complex investment instruments that typically involve a high degree of risk and are only suitable for investors who understand and accept the risk involved. The detailed conditions can be seen in the account opening application. The option speculations brokered by LV Asset Management AG include a maximum risk of loss of 100 percent of the invested capital; an obligation to make additional payments is excluded. The futures speculation brokered by LV Asset Management AG involves an unlimited risk of loss; an obligation to make additional payments is not excluded.
LV Asset Management AG assumes no liability whatsoever for losses resulting from trust in the data and information published here.

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