01

Compare the exposure unit

CME’s standard COMEX Gold futures contract, GC, represents 100 troy ounces. Micro Gold, MGC, represents ten. A USD 1 per ounce move therefore changes one contract’s value by USD 100 or USD 10 respectively, before costs.

02

Do not export one convention everywhere

A broker’s gold CFD lot convention can differ from an exchange futures contract. There is no lot-size assumption in our tools: enter the actual ounce exposure from the product specification.

03

Separate the product mechanics

Physical bullion involves possession or custody. Exchange-traded gold products have their own holdings and fee structures. Futures have contract months and settlement rules. CFDs add broker-specific financing and counterparty exposure.

04

Check more than the headline price

Read contract quantity, tick size, settlement, expiry, financing, trading hours and margin rules. Product availability and protections depend on jurisdiction and account terms.

FOLLOW THE EVIDENCE

Sources & further reading

Sources checked 13 November 2026. These organisations provide reference material and do not endorse this website.