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Contract specs

GC tick value & contract specs

Gold (GC) futures trade on COMEX. The price moves in ticks of 0.1, each tick is worth $10 per contract, and a full one-point move is worth $100 per contract.

GC contract specifications

SymbolGC
ContractGold
ExchangeCOMEX
Tick size0.1
Tick value (per contract)$10
Point value (per contract)$100
Ticks per point10
Electronic hours (ET)Sun–Fri 6:00pm – 5:00pm, daily break 5:00–6:00pm

Hours shift around US holidays and early closes. Check CME Group's trading-hours page before relying on them for a specific date.

The smaller version, MGC (Micro Gold), is worth $1 per tick. MGC specs →

GC ticks to dollars

10 ticks × 1 contract = $100

GC tick value table

Dollar value of a move in GC before commissions, at $10 per tick per contract.

Ticks1 contract2 contracts5 contracts10 contracts
1$10$20$50$100
4$40$80$200$400
10$100$200$500$1,000
20$200$400$1,000$2,000
40$400$800$2,000$4,000

Worked example

You buy 2 GC contracts and the price rises 10 ticks. Profit before fees = 10 ticks × $10 × 2 contracts = $200. The same move against you is a loss of the same amount.

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Frequently asked questions

$10 per contract. GC moves in increments of 0.1, and each increment changes the value of one contract by $10.

$100 per contract. One point is 10 ticks of 0.1.

No. They are gross values from price movement alone. Your net result is lower by your broker's or prop firm's per-side fees; the fee guide lists current rates.

More contracts: Metals

Futures P&L calculator with GC selectedFutures Position Size Calculator (Free, No Signup) — FillbookGold Trading Journal — FillbookAll futures tick values

These are the tick and point values Fillbook uses to calculate P&L on every logged GC trade. Confirm specifications with the exchange before trading.