The record low gold futures price occurred in August of 1976, at $104.20 per troy ounce. The record high price was $1556.40 per troy ounce in April of 2011.
A commodity market is in contango if the spot price is lower than the futures price. A contango position is the futures position you hold with a price higher than spot price.
Within the broader commodities market, the commodity futures market includes various sectors such as agricultural products (e.g., corn, wheat, and soybeans), energy (e.g., crude oil and natural gas), and metals (e.g., gold, silver, and copper). These markets enable traders to buy and sell contracts for future delivery of these commodities, allowing for price speculation and risk management. Futures contracts are standardized agreements that help producers and consumers hedge against price volatility. Overall, the commodity futures market plays a crucial role in price discovery and liquidity for physical commodities.
Lowest closing price was $15.15 on March 9, 2009.
(apex) a contract setting the price and date for a commodity purchase.
INTERNATIONAL GOLD PRICE MEANS, THE CURRENT PRICE OF GOLD IN THOSE RESPECTIVE COUNTRIES. try this site its useful http://gold-price-blog.info/
The gold market is international, its worth the same everywhere.
there are two types that are part of the commodity futures market. A normal futures market is one where the price of the nearby contract is less than the price of the distant futures contract. The other is an inverted futures market, the price of the near contract is greater then the price of the distant contract.
there are two types that are part of the commodity futures market. A normal futures market is one where the price of the nearby contract is less than the price of the distant futures contract. The other is an inverted futures market, the price of the near contract is greater then the price of the distant contract.
Single-stock futures In finance, a single-stock futures is a type of futures contracts between two parties to exchange a specified number of stocks in company for a price agreed today (the futures price or the strike price) with delivery occurring at a specified future date, the delivery date. The contracts are traded on a futures exchange
COMEX gold futures can be traded online via a number of websites. This can be done via sites such as 'CME Group', 'TK Futures' and also on 'OptionsXpress'.
Gold prices vary a little bit from country to country. For example in the UK, the price is "fixed" twice a day in London. On Friday the fixing was at 1471. In the US Gold is traded on the COMEX, it closed Friday at 1463. There are also futures markets.
You can read reviews about Gold Futures and Options on financial websites like Investing.com, The Wall Street Journal, or Bloomberg. You can also check out forums and discussion boards dedicated to trading and investing to see what other investors have to say about their experiences with Gold Futures and Options.
A commodity market is in contango if the spot price is lower than the futures price. A contango position is the futures position you hold with a price higher than spot price.
The settlement day when dealing with gold futures is the day you decide to cash in on the current value of gold. The amount you make will depend on the value of gold on that day.
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Futures are the contracts between two parties to buy or sell a specified asset of standardized quantity and quality for a price agreed upon today (the futures price or strike price) with delivery and payment occurring at a specified future date, the delivery date.
The price of oil futures is similar to any other stock or commodity, in that it's shown on most financial websites. One can find the price of oil futures online at Forex, Yahoo! Finance, Bloomberg, CNNMoney.