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