I'm interested in understanding what constitutes the smallest gold futures. Specifically, I want to know about the minimum contract size or unit that can be traded in the gold futures market.
6
answers
DongdaemunTrend
Sat Mar 01 2025
The Micro gold futures are designed to be a fraction of the size of the traditional 100-ounce Gold futures contract.
CryptoAlchemyMaster
Sat Mar 01 2025
Specifically, the Micro gold futures are one-tenth the size of the larger contract.
ShintoSpirit
Sat Mar 01 2025
This means that the contract unit for the Micro Gold futures is 10 troy ounces, as opposed to 100 troy ounces.
Maria
Fri Feb 28 2025
Despite their smaller size, Micro Gold futures are quoted in the same increments as the larger contract.
Riccardo
Fri Feb 28 2025
They are quoted in 10-cent increments, which allows for precise pricing and easy trading.