COMEX
Gold (GC) Tick Value & Contract Specs
Tick value $10.00 per tick — 100 troy ounces of gold.
- Exchange
- COMEX
- Contract size
- 100 troy ounces of gold
- Tick size
- 0.1
- Tick value
- $10.00
- Point value (multiplier)
- $100
- Trading hours
- Sun–Fri 6:00pm–5:00pm ET, with a daily trading halt 5:15pm–6:00pm ET
- Margin
- Margin varies by broker and typically moves with gold price volatility.
How GC tick value works
tick value = tick size × multiplier. For GC, that is 0.1 × $100 = $10.00 per tick, per contract.
One contract represents 100 troy ounces of gold. P&L for a move from entry to exit is (exit − entry) ÷ tick size × tick value × contracts.
Frequently asked questions
- What is the tick value for GC?
- $10.00 per tick — a 0.1 tick size × a $100 multiplier (point value).
- What is one GC contract worth?
- One contract represents 100 troy ounces of gold. Notional value = price × $100; use the tick value calculator with the current price for an exact figure.
- Which exchange lists GC?
- Gold (GC) trades on the COMEX.
- What are the trading hours for GC?
- Sun–Fri 6:00pm–5:00pm ET, with a daily trading halt 5:15pm–6:00pm ET.
- How much margin do I need to trade GC?
- Margin varies by broker and typically moves with gold price volatility.
- How is P&L calculated for GC?
- P&L = (exit price − entry price) ÷ 0.1 tick size × $10.00 tick value × number of contracts. Use the tick value calculator to compute this directly.
Specs last reviewed 2026-06-01. Exchanges can amend contract specs — always confirm against the exchange or your broker before trading.