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Trading Unit: 100 troy ounces Tick Size: $.10/oz. = $10.00 Quoted Units: US $ per troy ounce Initial Margin: $4,300 Maint Margin: $3,250 Contract Months: All 12 months. First Notice Day: Last business day of month preceding contract month. Last Trading Day: Third last business day of the month. Trading Hours: Open outcry trading is conducted from 8:20 A.M. until 1:30 P.M.
Electronic: 3:15 P.M. on Mondays through Thursdays and concluding at 8:00 A.M. the following day. Sundays, the session begins at 7:00 P.M. All times are New York time.
Daily Limit: $75.00 per ounce