International derivatives marketplace CME Group today announced it will launch a 1-Ounce Gold (1OZ) futures contract on January 13, 2025, pending regulatory review.
“Gold has always been a popular investment, but retail interest has surged in recent years as more market participants look to diversify their portfolios,” said Jin Hennig, Managing Director and Global Head of Metals at CME Group. “1-Ounce Gold futures will broaden opportunities for a wider range of retail traders, providing even more flexibility to access the liquidity and efficiencies that our futures provide.”
CME Group’s Micro Gold and Micro Silver futures products are already among some of the fastest growing metals products, reaching record levels of participation this year. Average daily volume (ADV) for Micro Gold futures year-to-date is a record 105,000 contracts, while ADV for Micro Silver futures is a record 19,000 contracts.
1-Ounce Gold futures will be financially-settled based on the daily settlement price of the global benchmark Gold futures contract and will be listed by and subject to the rules of COMEX.
