Tag: Comex

CME Moves to Fix the Gold Market Dislocation

With gold markets struggling to operate efficiently due to delivery concerns, CME Group has announced the launch of a new gold futures contract with expanded delivery options that include 100-troy ounce, 400-troy ounce and 1-kilo gold bars. The new contract is expected to launch with a first expiration of April 2020, pending regulatory approval and will […]

Gold Market Dislocates as Physical Supply Hit

Dealers are reporting a dislocation in the spot gold market as the basis risk between futures and physical has blown out over physical delivery concerns. One source reports prices up to 30 big figures wide on some platforms quoting physical while the Comex futures spread remains locked around 30 cents wide. The problem stems from […]