Cryptocurrency Q&A How much is 1 tick on GC?

How much is 1 tick on GC?

Nicolo Nicolo Mon Dec 23 2024 | 5 answers 1160
I'm trading futures and I'm trying to understand the tick value for Gold futures, specifically the GC contract. Could someone please tell me how much 1 tick is worth on GC? How much is 1 tick on GC?

5 answers

henry_grayson_lawyer henry_grayson_lawyer Wed Dec 25 2024
For copper futures, the symbol is HG, and each tick is worth $12.50. This contract provides a way to hedge against price fluctuations in the copper market.

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KatanaSwordsmanshipSkill KatanaSwordsmanshipSkill Wed Dec 25 2024
Platinum futures are represented by the symbol PL, with a tick value of $5. These contracts are popular among investors seeking to diversify their portfolios.

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Carolina Carolina Wed Dec 25 2024
Metals futures symbols are used to represent specific contracts in the commodities market.

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CryptoWanderer CryptoWanderer Wed Dec 25 2024
Silver futures use the symbol SI, and each tick is valued at $0.25. This contract offers an opportunity to profit from changes in the price of silver.

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KDramaCharm KDramaCharm Wed Dec 25 2024
The symbol for a gold futures contract is GC, with each tick valued at $10. This contract allows investors to speculate on the future price of gold.

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