Gold futures are hedging tools for commercial producers and users of gold. They also provide global gold price discovery and opportunities for portfolio diversification. In addition, they: Offer ongoing trading opportunities, since gold prices respond quickly to political and economic events The symbol for the Gold Futures is GC. However, once in a while, you may find a quote vendor that may use a different symbol. What Months does the Gold Futures Contract Trade? The GC contract trades in these 8 months: What is the Tick Size of the Gold Futures Contract? According to the CME Institute, “Gold is arguably the most watched and diverse commodity in the world.” Gold Futures (GC) trade on the COMEX exchange, which is part of the CME (Chicago Mercantile Exchange) Group. Each standard Gold Futures (GC) contract represents 100 troy ounces of gold, which is the weight of one gold brick.