CME Metals Futures — Full Contract List

Every metals futures contract we cover on CME Group exchanges — contract sizes, tick values, settlement type and trading months, in one sortable reference table.

Precious and base metals on COMEX and NYMEX. Gold and silver are the benchmark contracts; the micro and 1-ounce sizes have made them reachable for far smaller accounts.

9 contracts

Benchmarks first, then the smaller sizes

Metals futures contract specifications
Contract	Size	Tick	Per tick	Months	Settlement
Gold GC · COMEX	100 troy ounces	$0.10 per troy ounce	$10.00	Feb, Apr, Jun, Aug, Oct, Dec (plus nearby serial months)	Physical delivery
Copper HG · COMEX	25,000 pounds	$0.0005 per pound	$12.50	Mar, May, Jul, Sep, Dec	Physical delivery
Palladium PA · NYMEX	100 troy ounces	$0.10 per troy ounce	$10.00	Mar, Jun, Sep, Dec	Physical delivery
Platinum PL · NYMEX	50 troy ounces	$0.10 per troy ounce	$5.00	Jan, Apr, Jul, Oct	Physical delivery
Silver SI · COMEX	5,000 troy ounces	$0.005 per troy ounce	$25.00	Mar, May, Jul, Sep, Dec	Physical delivery
1-Ounce Gold 1OZ · COMEX	1 troy ounce	$0.25 per troy ounce	$0.25	Feb, Apr, Jun, Aug, Oct, Dec, listed 24 months out	Cash settled to the 100 oz Gold futures contract
Micro Gold MGC · COMEX	10 troy ounces	$0.10 per troy ounce	$1.00	Feb, Apr, Jun, Aug, Oct, Dec	Physical delivery
Micro Copper MHG · COMEX	2,500 pounds	$0.0005 per pound	$1.25	Mar, May, Jul, Sep, Dec	Financially settled
Micro Silver SIL · COMEX	1,000 troy ounces	$0.005 per troy ounce	$5.00	Mar, May, Jul, Sep, Dec	Physical delivery

Linked contract names have a full specification page of their own; the rest are covered here. Contract details are re-stated from CME Group's published specifications — confirm current terms with your broker or the exchange.

Contract notes

1-Ounce Gold (1OZ)

The smallest gold contract CME lists — 1/100 of GC. Cash settled, so there is no delivery process and no first notice day to manage. Moved to 24/7 trading on 24 July 2026.

Gold (GC)

The benchmark gold contract. At current prices one contract controls well over $400,000 of gold, which is why the smaller sizes exist.

Copper (HG)

Quoted in US cents per pound. Widely read as a growth indicator because of copper's role in construction and electrification.

Micro Gold (MGC)

One tenth of GC. Still physically deliverable — unlike Micro WTI, the micro size does not change the settlement mechanism.

Palladium (PA)

The least liquid of the four precious metals contracts; spreads are correspondingly wider.

Platinum (PL)

A thinner market than gold or silver, with a quarterly January cycle rather than the even-month gold cycle.

Silver (SI)

A large contract relative to the metal's price — 5,000 ounces makes silver's tick value higher than gold's despite the far lower price per ounce.

Micro Silver (SIL)

One fifth of the benchmark silver contract, not one tenth — the metals micros are not all sized on the same ratio.