CME Group Gold (Enhanced Delivery)

The Gold (Enhanced Delivery) contract was officially listed on CME on April 6th, 2020.
The contract was created in response to market demands that came from COVID-19. More delivery options were needed in response to the need for broader range of delivery needs. This is outlined by Derek Sammann in the contract's press release statement.
Gold (Enhanced Delivery) Futures	Gold (Enhanced Delivery) Futures 	Gold (Enhanced Delivery) Futures 	
Contract Unit 	100 troy ounces 	100 troy ounces 	
Price Quotation 	U.S. dollars and cents per troy ounce 	U.S. dollars and cents per troy ounce 	
Trading Hours 	Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. /CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) 	Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. /CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) 	
Minimum Price Fluctuation 	0.10 per troy ounce = $10.00 	0.10 per troy ounce = $10.00 	
Product Code 	CME Globex: 4GC
CME ClearPort: 4GC
Clearing: 4GC 	CME Globex: 4GC
CME ClearPort: 4GC
Clearing: 4GC 	
Listed Contracts 	Monthly contracts listed for 3 consecutive months and any February, April, August, and October in the nearest 23 months and any June and December in the nearest 72 months 	Monthly contracts listed for 3 consecutive months and any February, April, August, and October in the nearest 23 months and any June and December in the nearest 72 months 	
Settlement Method 	Deliverable 	Deliverable 	
Termination of Trading 	Trading terminates at 12:30 p.m. CT on the third last business day of the contract month. 	Trading terminates at 12:30 p.m. CT on the third last business day of the contract month. 	
Settlement Procedures 	Gold Settlement Procedures 	Gold Settlement Procedures 	Gold Settlement Procedures
Position Limits 	COMEX Position Limits 	COMEX Position Limits 	
Exchange Rulebook 	COMEX 126 	COMEX 126 	
Price Limit or Circuit 	Price Limits 	Price Limits 	
Vendor Codes 	Quote Vendor Symbols Listing 	Quote Vendor Symbols Listing 	
Delivery Procedures 	Physical delivery via 100 troy ounce bars, kilo bars, or 400 troy ounce bars. 400 troy ounce bars are deliverable via “Accumulated Certificates of Exchange” (ACE) certificates issued by the CME Group Clearing House. 	Physical delivery via 100 troy ounce bars, kilo bars, or 400 troy ounce bars. 400 troy ounce bars are deliverable via “Accumulated Certificates of Exchange” (ACE) certificates issued by the CME Group Clearing House. 	Physical delivery via 100 troy ounce bars, kilo bars, or 400 troy ounce bars. 400 troy ounce bars are deliverable via “Accumulated Certificates of Exchange” (ACE) certificates issued by the CME Group Clearing House.
Delivery Period 	Delivery may take place on any business day beginning on the first business day of the delivery month or any subsequent business day of the delivery month, but not later than the last business day of the current delivery month.	Delivery may take place on any business day beginning on the first business day of the delivery month or any subsequent business day of the delivery month, but not later than the last business day of the current delivery month.	Delivery may take place on any business day beginning on the first business day of the delivery month or any subsequent business day of the delivery month, but not later than the last business day of the current delivery month.
Grade and Quality 	Gold delivered under this contract shall assay to a minimum of 995 fineness. 	Gold delivered under this contract shall assay to a minimum of 995 fineness. 	Gold delivered under this contract shall assay to a minimum of 995 fineness.
== Notes ==
==References==
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==Resources==
Gold (Enhanced Delivery) Contract Specs
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