is a futures contract with gold (99.5% purity) as an underlying asset and settled in THB. The characteristic of gold price movement that do not correlate with the equity market makes gold futures a very interesting investment option in bullish and bearish markets without exposure in currency risk.
Underlying Asset | Gold Price with a purity of 99.50% (GO) |
Contract Size | 1 contract = 300 multiplier of the reference price per troy ounce |
Contract Multiplier | THB 300 per 1 US Dollar per troy ounce |
Contract Months | March (H) June (M) September (U) and December (Z) up to 2 nearest quarters |
Price Quotation | US Dollar per troy ounce |
Minimum Price Fluctuations | USD 0.1 (or THB 30 per contract) |
Price Limit | ±10% of latest daily settlement price, market will be temporarily halted. When market resume trading, daily price limit will be expanded to ±20% of latest daily settlement price |
Trading Hours | Pre-open: 09:15 - 09:45 hrs. Day session: 09:45 - 16:55 hrs. Pre-open: 18:45 - 18:50 hrs. Night session: 18:50 - 03:00 น. (The Following day) |
Last Trading Day | The business day immediately preceding the last business day of the contract month. Time at which trading ceases on Last Trading Day is 16:30 hrs. |
Final Settlement Price | The London Gold AM Fixing price on the last trading day as publish by ICE Benchmark Administration (IBA). There will be no foreign exchange rate adjustment. |
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