CME COMEX: SGU Shanghai Gold (USD) Futures prices chart

Shanghai Gold (USD) Futures (CME COMEX: SGU) Contract Specifications

Product Code: CME Globex: SGU, CME ClearPort: SGU, Clearing: SGU

Contract Unit: 32.15 troy ounces
Price Quotation: U.S. dollars and cents per troy ounce
Minimum Price Fluctuation: 0.10 per troy ounce = $3.215
Settlement Method: Financially Settled

Listed Contracts: Monthly contracts listed for 3 consecutive months and all February, April, June, August, October, and December contracts within a 12-month period.

Floating Price: The Floating Price for each contract month shall be the closing price of the Shanghai Gold Benchmark Price PM on the last trading day. The Shanghai Gold Benchmark Price PM shall be converted to US Dollars per troy ounce using the USD/CNH rate as reported by EBS Service Company Limited and using a conversion factor of 32.15 troy ounces per kilogram and rounded to the nearest $0.05.

Termination of Trading: Trading terminates on the 3rd last U.S. business day of the contract month unless it is not a Chinese business day. If it is not a Chinese business day, trading terminates the previous U.S. and China business day.

Trading Hours:
Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET)