Gold v. Dow Jones Industrial Average During Volatile Times

October 2008 proved to be a value-buying opportunity for gold market bulls. Gold prices rallied from the low of $681.00 to $1,004.90 by February 2009. Today’s gold markets, as was the case in 2008, are responsive to world events, delivering opportunity in nearly all market conditions. COMEX Gold futures are the world’s leading benchmark gold futures contracts, offering superior liquidity to suit a variety of trader types and investment needs.

See the below timeline for Gold v. DJIA’s yearly performance including COMEX Gold’s implied volatility and the economic events which influenced markets.




Gold vs. DJIA

YEAR YEAR END GOLD PRICES (PER OZ.) DOW CLOSING (DEC. 31) ECONOMIC EVENTS
2007 $836.5013,264.82 Dow peaks at 14,164.43
2008$865.008,776.39Recession
2009$1,104.0010,428.05Recession ends
2010$1,410.2511,577.51Obamacare & Dodd-Frank
2011$1,574.5012,217.56European debt crisis
2012$1,657.5013,104.14Economic expansion
2013$1,20204.5016,576.55Sanctions against Iran
2014$1,20206.0017,823.07Eurozone economies falter
2015$1,060.0017,425.03Collapse in oil prices
2016$1,145.5019,762.60Brexit
2017$1,291.0024,179.22US tax reform
2018$1,279.0023,327.46US unemployment at 49-year low
2019$1,514.7528,538.44Coronavirus

Gold vs. DJIA Yearly Returns

COMEX Gold: 13 Years of Implied Volatility



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WHAT are gold futures?

Gold futures are based on the precious metal, gold, and are listed as a contract on one of the most widely traded commodity products, offering traders diversifying opportunities in their portfolio.

WHY would you want to trade Gold futures?

  1. Gold is the most watched and versatile commodity in the world.
  2. Plays a role of a "fiat currency" during times of economic stress.
  3. Allows traders to take a position to hedge or profit in a way other commodities cannot. 

HOW DO you trade gold futures?

Precious metals such as gold, silver, platinum and palladium are used to manage risk or to serve as a safe haven for capital during times of financial uncertainty.  There are hedging opportunities and ways to manage risk around supply and demand for both industrial and commercial uses.

Ready to get started trading futures?  You'll need to open an account with a broker.  Click Here to View a Broker List

Gold GCE

Open
High
Low
Volume
()
Last Trade as of CST. 10 Minutes Delayed Quote. Powered by CQG
CONTRACT SPECIFICATIONS
Contract Month
G,J,M,Q,V,Z (Feb, April, June, Aug, Oct, Dec)
Trading Hours
Sunday – Friday 5:00pm – 4:00pm CT with a 60-minute break each day beginning at 4:00pm CT
Product
Gold
Contract Size
100 troy ounces
Trading Venue
CME offers electronic trading almost 24/6
Minimum Tick
$0.10 per troy ounce
Product Symbol
GC
Dollar Value of One Tick
$10.00 U.S. Dollars
Options Available
Quarterly, Serial, Monthly, Weekly
Notional Value
CONTRACT SPECIFICATIONS
Product Name
Gold
Options Expirations
Serial and Weekly
Options Symbol
Serial - OG
Weekly - OG1-OG5
Trading Venue
Globex
Trading Hours
Sunday – Friday 5:00pm – 4:00pm CT with a 60-minute break each day beginning at 4:00pm CT
Type Of Expiration
American
Minimum Tick Size
$0.10 per troy ounce

PRODUCT OVERVIEW


01:39
Social Sentiment - Gold

ALERTS


10/21/2021 8:15:00 PM CT

Copper up 1%


10/21/2021 8:20:00 AM CT

Copper down 3%


10/21/2021 6:29:00 AM CT

Gold trades below 50 day moving average


10/21/2021 2:02:00 AM CT

Silver down 1%


10/21/2021 1:46:00 AM CT

Copper down 2%


10/21/2021 12:37:00 AM CT

Copper down 1%


10/20/2021 10:42:00 AM CT

Silver up 2%


10/20/2021 7:38:00 AM CT

Gold up 1%


10/20/2021 7:10:00 AM CT

Silver up 1%


10/20/2021 3:34:00 AM CT

Gold trades above 50 day moving average


10/19/2021 9:43:00 PM CT

Copper down 2%


10/19/2021 7:17:00 PM CT

Copper down 1%


10/19/2021 7:12:00 PM CT

Silver down 1%


10/19/2021 6:13:00 PM CT

Gold trades below 20 day moving average


10/19/2021 8:24:00 AM CT

Copper down 1%


10/19/2021 7:10:00 AM CT

Silver up 3%


10/19/2021 2:50:00 AM CT

Gold up 1%


10/19/2021 2:06:00 AM CT

Silver up 2%


10/19/2021 1:30:00 AM CT

Gold trades above 50 day moving average


10/19/2021 12:31:00 AM CT

Copper up 1%


10/18/2021 9:57:00 PM CT

Silver up 1%


10/18/2021 8:01:00 PM CT

Gold trades above 20 day moving average


10/18/2021 8:43:00 AM CT

Silver down 1%


10/17/2021 6:05:00 PM CT

Gold trades above 20 day moving average


10/17/2021 5:56:00 PM CT

Copper up 1%


10/15/2021 8:18:00 AM CT

Copper up 3%


10/15/2021 7:52:00 AM CT

Gold trades below 20 day moving average


10/15/2021 6:45:00 AM CT

Gold trades below 50 day moving average


10/15/2021 6:45:00 AM CT

Gold down 1%


10/15/2021 6:43:00 AM CT

Silver down 1%


10/15/2021 6:00:00 AM CT

Copper up 2%


10/15/2021 4:39:00 AM CT

Copper up 1%


10/14/2021 8:10:00 AM CT

Copper up 2%


10/14/2021 5:50:00 AM CT

Silver up 1%


10/13/2021 10:11:00 PM CT

Copper up 1%


10/13/2021 9:05:00 PM CT

Silver down 1%


10/13/2021 9:46:00 AM CT

Silver up 3%


10/13/2021 9:44:00 AM CT

Gold up 2%


10/13/2021 9:30:00 AM CT

Copper up 3%


10/13/2021 7:30:00 AM CT

Gold trades above 50 day moving average


10/13/2021 7:14:00 AM CT

Copper up 2%


10/13/2021 7:08:00 AM CT

Gold up 1%


10/13/2021 7:05:00 AM CT

Silver up 2%


10/13/2021 2:03:00 AM CT

Silver up 1%


10/13/2021 1:19:00 AM CT

Copper up 1%


10/13/2021 1:02:00 AM CT

Gold trades above 20 day moving average


10/12/2021 7:40:00 AM CT

Silver down 1%


10/12/2021 6:25:00 AM CT

Gold trades above 20 day moving average


10/11/2021 12:55:00 AM CT

Copper up 1%


Source: Redsky Markets

FUTURES CALENDAR


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GOLD FUTURES
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