# GC Tick Value & Contract Specs (Gold)

> One GC tick is $0.10 per ounce, worth $10 per contract. A $1.00 move per ounce is worth $100, so a move of $10 per ounce is 100 ticks, or $1,000 on one contract.

**Source:** https://propfirmpal.com/futures/contracts/gc  
**Generated:** 2026-09-25  
**Publisher:** Prop Firm Pal — independent prop firm comparison

_Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._

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GC (Gold) ticks in $0.10 per ounce, worth $10 per contract. CME specs, P&L per move, hours and months.

## Contract specifications

| Specification | Value |
| --- | --- |
| Contract | Gold (GC) |
| Exchange | COMEX (CME Group) |
| Asset class | Metals |
| Contract unit | 100 troy ounces |
| Price quotation | US dollars and cents per troy ounce |
| Tick size | $0.10 per ounce |
| Tick value | $10 per contract |
| Value of a $1.00 move per ounce | $100 |
| Contract months | F (Jan), G (Feb), H (Mar), J (Apr), K (May), M (Jun), N (Jul), Q (Aug), U (Sep), V (Oct), X (Nov), Z (Dec) |
| Trading hours | Sunday–Friday 5:00 pm – 4:00 pm CT (6:00 pm – 5:00 pm ET), with a daily maintenance break from 4:00 pm to 5:00 pm CT. |
| Settlement | Physically delivered |
| Last trading day | 12:30 pm CT on the third last business day of the contract month. |

_Source: [CME Group — Gold contract specs](https://www.cmegroup.com/markets/metals/precious/gold.contractSpecs.html), retrieved 2026-09-22._

## Ticks to dollars

| Price move | Ticks | 1 contract | 10 contracts |
| --- | --- | --- | --- |
| $0.10 per ounce | 1 | $10 | $100 |
| $1 per ounce | 10 | $100 | $1,000 |
| $10 per ounce | 100 | $1,000 | $10,000 |

## Trading hours

| Central Time (CT) | Eastern Time (ET) | Breaks |
| --- | --- | --- |
| Sun 5:00 pm – Fri 4:00 pm | Sun 6:00 pm – Fri 5:00 pm | 4:00–5:00 pm CT (5:00–6:00 pm ET), Mon–Thu |

## Other sizes

- [MGC — Micro Gold](https://propfirmpal.com/futures/contracts/mgc): $1 per tick.

## Which prop firms allow this contract

Prop Firm Pal does not yet record firms' permitted products symbol by symbol, so no firms are named here. Compare futures prop firms at https://propfirmpal.com/futures and check each firm's rules for GC.

## Frequently asked questions

### What is the tick value of GC?

One GC tick is $0.10 per ounce, worth $10 per contract. A $1.00 move per ounce is worth $100, so a move of $10 per ounce is 100 ticks, or $1,000 on one contract.

### How much is a $1.00 move per ounce worth on GC?

A $1.00 move per ounce is worth $100 per GC contract: 10 ticks of $10.

### What are GC trading hours?

GC trades on CME Globex Sunday–Friday 5:00 pm – 4:00 pm CT (6:00 pm – 5:00 pm ET), with a daily maintenance break from 4:00 pm to 5:00 pm CT. In Eastern Time that is Sun 6:00 pm – Fri 5:00 pm. Holidays shorten or close sessions.

### What months does GC trade?

Monthly contracts for 26 consecutive months, plus any June and December in the nearest 72 months. Month codes: G (Feb), J (Apr), M (Jun), Q (Aug), V (Oct), Z (Dec). Those are the months where most volume trades.

### Is GC cash-settled?

GC is physically delivered. Last trading day: 12:30 pm CT on the third last business day of the contract month. Most traders roll to the next contract month before then.

### What is the margin for GC?

CME Group sets the exchange margin for GC and changes it often, and brokers set their own day-trading margins on top. A prop firm account does not post margin: the firm’s drawdown limit and contract limit cap the risk instead. For a current exchange figure, check CME Group’s margin page for the contract.

### What is the difference between GC and MGC?

MGC (Micro Gold) tracks the same market at one-tenth the size of GC. One MGC tick is worth $1, against $10 for GC.

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