GUIDES

What is COMEX gold / how to read it

Last updated

COMEX gold futures are among the most cited USD gold references worldwide. This site’s international page follows GC-style USD/oz quotes plus silver, platinum and palladium. A public spot fallback may appear if futures are limited — still a market reference, not an executable board.

Units and fields on the page

The main unit is USD per troy ounce. Percent changes come from the data vendor. Closures, rolls or delays are labeled; the last valid quote is kept.

The gold/silver ratio (when shown) is gold ÷ silver on the same page — see the dedicated guide. Global quotes add more currencies and weights.

Why it is not a jewelry price

Jewelry quotes still need FX into TWD/qian plus shop costs. Use the jewelry page for theoretical buy/sell and the homepage for Taiwan qian overview.

Futures have rolls and basis; short-term prints can differ from “spot” intuition. The site labels source switches and never invents prints.

Read with the news

Rates, the dollar and central-bank talk often move USD gold. Economy & rates and policy categories on Market news pair with the COMEX page — still not trade signals.

Gold price guides

Other explainers on the same topic, already on the guides hub. Methods and units only — not a shop, bank, or recycler trade price.

  1. Gold spot vs futuresGC=F futures first. XAU/USD spot only if that source is limited, and renamed. No basis.
  2. How to read the gold price chartHomepage 1D–1Y are GC=F closes. 1Y is weekly. Open is not the session open. Gaps stay empty.
  3. COMEX open vs after-hours quotesClosures, delays and last-valid labels — don’t misread after-hours.

MARKET BRIEFS

Only briefs whose headline matches this guide — not the whole news index. Figures are for reference only, not a shop or bank board price.

  1. Gold price rises over 2% from one-year low on softer oil prices; US midterms in focus
  2. Top gold body accused of favoring one refiner in Tanzania case
  3. LBMA members back tokenised gold but seek legal certainty and safeguards

COMEX/spot references are not executable boards or jewelry prices. Not investment advice. No Offer structured data on this page.

COMEX FAQ

Is COMEX gold spot or futures?

The site mainly tracks COMEX gold futures (GC). If limited, a public spot reference may appear and is labeled. Neither is a jewelry executable.

How does USD/oz become TWD/qian?

Multiply Bank of Taiwan USD spot-sell, then convert via grams and 3.75 g per qian. See the Taiwan qian guide and jewelry page.

Why did the number stop?

Usually a close, maintenance or delay. The page keeps the last valid quote and labels status instead of inventing prices.