LME Gold

LME Gold combines daily prompts (including spot) out to 25 days with monthly and quarterly dates along a tradeable five-year forward curve. In this way, the system seamlessly blends the daily structure of the London over-the-counter (OTC) market, and the monthly futures approach of existing exchange offerings.

The contract can be traded electronically from 01.00 to 20.00 (London time) via LMEselect, and through the 24-hour inter-office telephone market.

Data valid for 24 April 2018

LME GOLD CLOSING PRICES, US$ PER fine troy ounce

Contract Price
SPOT 1331.50
Month 1 1333.00
Month 6 1346.90
Month 12 1365.00
Month 24 1405.20

LME GOLD CLOSING PRICES, US$ PER fine troy ounce

LME Gold Volumes and Market Open Interest

Trading date Volume1 Open Interest2 
23 Apr 3,786    -
20 Apr  4,315 26,614
19 Apr 1,615 25,839
18 Apr 1,315 26,699
17 Apr 4,763 28,100
16 Apr 2,413 29,386
13 Apr 1,347 29,919
12 Apr 4,699 31,077
11 Apr 4,249  30,370
10 Apr 1,938  30,708
9 Apr 4,883 30,326
6 Apr 2,236 29,678 
5 Apr 2,444 30,490
4 Apr 2,054 31,101
3 Apr 8,938  30,952

Volumes are quoted in lots and published T+2 days in arrears
2 Market Open Interest (the total of member and client open positions in lots) is published T+3 in arrears

LME Gold Volumes and Market Open Interest: Current calendar year


29,610
29,610

LME Gold reference prices, US$ per fine troy ounce

 LME Gold
 Date AM Midday      PM 
25 Apr  1325.40  1324.60  1321.80 
24 Apr  1326.90  1325.90  1328.60 
23 Apr  1328.00  1328.40  1324.50 
20 Apr  1339.90  1341.00  1336.80
19 Apr  1348.30  1347.10 1348.30
18 Apr 1346.30 1349.70  1351.80
17 Apr 1343.20 1342.90 1341.90
16 Apr 1344.80 1343.30 1349.50 
13 Apr 1341.00  1338.70 1344.40 
12 Apr 1346.20  1345.70 1341.00
11 Apr 1344.50  1347.30 1352.00 
10 Apr 1336.30  1335.80 1339.80
09 Apr 1328.80  1328.60  1332.40 
06 Apr 1325.30  1324.00  1332.10
05 Apr  1327.40  1330.20 1327.20
04 Apr 1342.90 1342.80 1341.90
03 Apr 1336.90 1336.70 1334.10

 

LME Gold Reference prices: Current calendar year

LME GOLD Closing prices

LME Gold Contract specifications

Name LME Gold
Contract code AU
Contract type Futures
Underlying material Loco London Fine Gold held in London and complying with standards relating to good delivery and fineness acceptable to the Precious Metal Clearer of the Clearing House for the purpose of effecting settlement with the Clearing House, as such standards are in effect from time to time.
Lot size
100 fine troy ounces
Price quotation
US dollars and cents per fine troy ounce
Clearable currencies
US dollars
Trading venues
LMEselect
Inter-office market
Trading hours 01:00 – 20:00 London time
24 hours
Contract period
Daily Dates tradeable from T+1 to T+3, Monthly Dates for at least 24 months (third Wednesday Prompt) and for a further twelve Calendar Quarterly Dates, as defined in the LME Rulebook
Daily Dates tradeable from T+1 to T+25, Monthly Dates for at least 24 months (third Wednesday Prompt) and for a further twelve Calendar Quarterly Dates, as defined in the LME Rulebook
Minimum price fluctuation (tick size)
$0.100 per fine troy ounce
$0.001 per fine troy ounce
(Carries)
$0.001 per fine troy ounce
$0.001 per fine troy ounce
Termination of trading
The last trading time for LMEprecious Gold Futures shall be 16:00 London time on the Last Trading Day. The Last Trading Day for LMEprecious Gold Futures shall be the Business Day which is one Business Day before the Prompt Date.
Settlement procedure
All unallocated Precious Metal deliveries to LME Clear should be made to LME Clear's nominated Precious Metal Clearer, in accordance with the Settlement Instructions issued by LME Clear
Margining
Realised Variation Margins applied

1 Defined terms used in this contract specification shall have the meaning ascribed to them in the LME Rulebook or LME Clear Rulebook (as appropriate)

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