Gold Trading Made More Accessible with COMEX 1-OZ Gold Futures

15 Jan 2025

Gold has consolidated between $2,550 and $2,700, with projections pointing to a test of $2,800 and possibly $3,000 by Q2 2025. According to our gold analyst, every dip in gold is a potential buying opportunity. 
 
You may be pleased to know that CME Group has launched a new 1-OZ Gold Futures (1OZ) contract, which is 10 times smaller than the Micro Gold Futures (MGC). This contract offers the following benefits to traders:

– Lower Costs: Start trading with just $126.50 (as of 14 Jan 2025).
– Capital Efficiency: 23 times better margin efficiency.
– More Options: Now you can trade 1-OZ, Micro, Mini, and Regular sized contracts.

Trade COMEX 1-OZ Gold Futures on Phillip Nova 2.0 today!

Click here to view the contract specifications on the exchange website.

Should you have any query, please contact our Client Service Desk at (65) 6538 0500 or email to nova@phillip.com.sg.

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