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Back to Futures
Micro Gold
MetalsMGCCOMEX (CME Group)

Micro Gold

Category

Metals

Exchange

COMEX (CME Group)

Contract Size

10 troy ounces (1/10th of GC)

Symbol

MGC

About Micro Gold

Micro Gold (MGC) provides gold exposure at one-tenth the standard contract size. With a notional of roughly $20,000, it makes gold futures accessible to retail traders and allows for more precise position sizing.

Micro Gold Price Chart

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Contract Specifications

Contract Size
10 troy ounces (1/10th of GC)
Tick Size / Value
$0.10/oz = $1.00 per tick
Exchange
COMEX (CME Group)

Trading Hours

Same as GC: Sun 18:00 – Fri 17:00 ET with daily halt 17:00–18:00 ET.

Margin Notes

Day trading margins as low as $200–$500. Exchange maintenance margin ~$1,000–$1,100.

More Metals Futures

Platinum

Platinum

PL · NYMEX (CME Group)

Platinum futures trade on NYMEX with a 50 oz contract size. Platinum has both precious metal and industrial applications (catalytic converters, hydrogen fuel cells). The platinum-gold spread is closely watched by precious metals traders.

Copper

Copper

HG · COMEX (CME Group)

COMEX Copper futures (HG) track the price of high-grade copper, often called 'Dr. Copper' for its ability to predict economic activity. Copper is essential in construction, electronics, and EV manufacturing. Rising copper prices often signal economic expansion; falling prices signal contraction.

Palladium

Palladium

PA · NYMEX (CME Group)

Palladium futures are traded in 100 oz lots on NYMEX. Palladium is primarily used in automotive catalytic converters for gasoline engines. Supply constraints from major producers Russia and South Africa can create volatile price swings.

Gold

Gold

GC · COMEX (CME Group)

COMEX Gold futures (GC) are the global benchmark for gold trading. With a 100 oz contract size, each $1 move in gold equals $100. Gold is traded as a safe-haven asset, inflation hedge, and macro trade against real interest rates. The gold futures market is deeply liquid, with daily volume regularly exceeding 200,000 contracts.

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