ATFXAnalysis:comexDetailed explanation of gold trading rules, stay away from being deceived and losing money

comexgoldAs a gold commodity on the New York Stock Exchange, a major issue for domestic investors is the trading time, as there is a time difference between China and the United States. Therefore, today I will introduce it to youcomexRules for gold trading time.

What is?comexgold

comexGold is one of the trading commodities on the New York Mercantile Exchange, abbreviated as New York Gold. There are many types of gold, among whichcomexgoldfuturesIt has the strongest influence on the world's gold pricing power and is therefore sought after by many investors.

comexGold trading time

Bargain trading is08：20Until the current day13：30;Electronic trading after hours is from Monday to Thursday14：00To the next day08：00;Friday14：00Until the current day17：15;Sunday18：00To the next day08：00;The trading month is the current month and the next two calendar months,23All within months2、4、8、10Month,60All within months6Month and12Month.

comexGold trading rules

1Trading unit: 100 ounce;

Quotation unit: USD/ounce;

Delivery period: from the first working day of the delivery month to the last working day;

Transaction month: i.e. month, the next two calendar months,23All within months2、4、8、10Month,60All within months6Month and12month;

Minimum price fluctuation:0.10dollar/Ounces, i.e10dollar/Hand, point value is100dollar/hand;

Last trading day: the third trading day before the last working day of each month;

Futures and spot conversion (EFP)Buyers or sellers can convert their spot positions using an equal amount of futures contracts;EFP Can be used for building or closing positions;

Level and quality requirements: The purity shall not be lower than99.5%。

I believe that through the above introduction by the editor, everyone can understandcomexI have gained a general understanding of the trading time and rules of gold. If you want to learn more about investment related knowledge, please stay tunedATFXEditor.