Category
Metals
Exchange
COMEX (CME Group)
Contract Size
10 troy ounces (1/10th of GC)
Symbol
MGC
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.
Loading chart…
Same as GC: Sun 18:00 – Fri 17:00 ET with daily halt 17:00–18:00 ET.
Day trading margins as low as $200–$500. Exchange maintenance margin ~$1,000–$1,100.
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.
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 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.
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.