[Day] Precious Metal prices




Gold (XAU) : Sign of physical gold: Au from Latin 'aurum'. Atomic number 79. Code: XAU. XAU refers to the ISO 4217 standard code for One troy ounce of physical gold. 1 troy ounce (oz t) = 31.1034768 grams. XAU = 99.99 percent pure gold = 24K gold. 24k gold means that all 24 parts in the gold are all pure gold without traces of any other metals. Gold is relatively rare element and is a precious metal that has been used for coinage, jewelry, and other arts throughout recorded history. In the past, a gold standard was often implemented as a monetary policy, but the world gold standard was abandoned for a fiat currency system after 1971. A total of 197,576 tonnes of gold exists above ground, as of 2019. The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry.

Silver (XAG/USD) : Sign of physical silver: Ag from Latin 'argentum'. Atomic number: 47. Code: XAG. XAG refers to the ISO 4217 standard code for One troy ounce of Physical Silver. 1 troy ounce (oz t) = 31.1034768 grams. XAG = 99.99 percent pure silver without traces of any other metals. Physical silver is found in the Earth's crust in the pure, free elemental form of Native Silver as an alloy with gold and other metals. Most silver is produced as a byproduct of copper, gold, lead, and zinc refining. Silver has long been valued as a precious metal. Other than in currency and as an investment medium (coins and bullion), silver is used in solar panels, water filtration, jewellery, ornaments, high-value tableware and utensils, etc.

Platinum Futures (CME NYMEX: PL) : Product Code: CME Globex: PL. Contract Unit: 50 troy ounces. Price Quotation: U.S. Dollars and Cents per troy ounce. Minimum Price Fluctuation: 0.10 per troy ounce = $5.00. Settlement Method: Deliverable. Grade And Quality: shall be a minimum of 99.95% pure. Trading Hours: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT). Termination Of Trading: Trading terminates on the third last business day of the delivery month. Listed Contracts: Monthly contracts listed for 3 consecutive months and any January, April, July, and October in the nearest 15 months.

Palladium Futures (CME NYMEX: PA) : Product Code: CME Globex: PA. Contract Unit: 100 troy ounces. Price Quotation: U.S. dollars and cents per troy ounce. Minimum Price Fluctuation: 0.10 per troy ounce = $10.00. Settlement Method: Deliverable. Grade And Quality: Palladium delivered under this contract shall be a minimum of 99.95% pure. Trading Hours: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT). Termination Of Trading: Trading terminates on the 3rd last business day of the contract month. Listed Contracts: Monthly contracts listed for 3 consecutive months and quarterly contracts (Mar, Jun, Sep, Dec) listed for 15 months.

Copper Futures (CME COMEX: HG) : Product Code: CME Globex: HG. Contract Unit: 25,000 pounds. Price Quotation: U.S. dollars and cents per pound. Minimum Price Fluctuation: 0.0005 per pound = $12.50. Settlement Method: Deliverable. Grade And Quality: The contract (basis) grade for the Grade 1 copper contract shall be Grade 1 Electrolytic Copper Cathodes (full plate or cut) and shall conform to the specifications (as to chemical and physical requirements) for Grade 1 Electrolytic Copper Cathode as adopted by the American Society for Testing and Materials (B115-00), or its latest revision. Trading Hours: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT). Termination Of Trading: Trading terminates at 12:00 Noon CT on the third last business day of the contract month. Listed Contracts: Monthly contracts listed for 24 consecutive months and any March, May, July, September, and December in the nearest 63 months.