Metals Product Guide

Product Groups

In today’s rapidly moving metals markets, we help you forge ahead with certainty by enabling you to:

Trade the most comprehensive metals offering that covers all your needs in one marketplace.
Tap into unparalleled precious metals liquidity and our expanded slate of base, ferrous and battery metals solutions, available around the clock.
Capitalize on innovative product design that makes it easier to execute while reducing your costs to trade.

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The Metals Guide is a quick, easy to digest page that provides a one-stop-shop to all Metals futures and options. We have split the products into categories with all Metals options in their own category. As and when new products are added, they will appear in the guide to provide a comprehensive view. Additional information, such as warehousing and calendars are available in the Resources section.

Contract Specifications

Precious Metals

Base Metals

Ferrous Metals

Battery Metals

Other Metals

Metals Options

Precious Metals Options

Gold Options

Pending all relevant regulatory reviews

Product Code
CME Globex: OG
CME ClearPort: OG
Clearing: OG
Settlement Method
Deliverable
Strike Prices/Strike Price Interval
Transactions shall be conducted for option contracts as set forth in Rule 300.20.

Contract Unit
One COMEX Gold futures contract
Listed Contracts
Gold futures options shall be listed for trading in each of the nearest twenty (20) consecutive futures contract months. In addition, June and December will be listed for 72 months from the current listed month.
Contract Specs
View Full Contract Specs

Minimum Price Fluctuation
$0.10 per troy ounce
Termination of Trading
Expiration occurs four business days prior to the end of the month preceding the option contract month. If the expiration day falls on a Friday or immediately prior to an Exchange holiday, expiration will occur on the previous business day.

Last Updated19 Apr 2025 10:00:41 AM CT.

Gold Weekly Monday Option

Pending all relevant regulatory reviews

Product Code
CME Globex: G1M, G2M, G3M, G4M, G5M CME ClearPort: G1M, G2M, G3M, G4M, G5M
Clearing: G1M, G2M, G3M, G4M, G5M
Settlement Method
Deliverable
Strike Prices/ Strike Price Interval
Transactions shall be conducted for option contracts as set forth in Rule 300.20.

Contract Unit
One COMEX Gold futures contract
Listed Contracts
Weekly contracts listed for 4 consecutive weeks. No weekly contract listed if it would expire the business day after the expiration of the monthly option.
Contract Specs
View Full Contract Specs

Minimum Price Fluctuation
$0.10 per troy ounce
Termination of Trading
Options will expire at the close of trading on a Monday schedule. If such Monday is an Exchange holiday, the weekly option will not be listed for trading.

Last Updated19 Apr 2025 10:00:41 AM CT.

Gold Weekly Tuesday Option

Pending all relevant regulatory reviews

Product Code
CME Globex: G1T,G2T,G3T,G4T,G5T
CME ClearPort: G1T,G2T,G3T,G4T,G5T
Clearing: G1T,G2T,G3T,G4T,G5T
Settlement Method
Deliverable
Strike Prices/ Strike Price Interval
Strike Price Listing and Exercise Procedures Table

Contract Unit
100 troy ounces
Listed Contracts
Weekly contracts listed for 4 weeks.
No weekly contract listed with the same expiration day as the monthly option.
No weekly contract listed if expiration day is not a business day.
Contract Specs
View Full Contract Specs

Minimum Price Fluctuation
0.10 per troy ounce = $10.00
Termination of Trading
Trading terminates at the Settlement Time of the underlying futures on Tuesday of the contract week.

Last Updated19 Apr 2025 10:00:41 AM CT.

Gold Weekly Wednesday Option

Pending all relevant regulatory reviews

Product Code
CME Globex: G1M, G2M, G3M, G4M, G5M CME ClearPort: G1M, G2M, G3M, G4M, G5M
Clearing: G1M, G2M, G3M, G4M, G5M
Settlement Method
Deliverable
Strike Prices/ Strike Price Interval
Transactions shall be conducted for option contracts as set forth in Rule 300.20.

Contract Unit
One COMEX Gold futures contract
Listed Contracts
Weekly contracts listed for 4 consecutive weeks. No weekly contract listed if it would expire the business day after the expiration of the monthly option.
Contract Specs
View Full Contract Specs

Minimum Price Fluctuation
$0.10 per troy ounce
Termination of Trading
Options will expire at the close of trading on a Wednesday schedule. If such Wednesday is an Exchange holiday, the weekly option will not be listed for trading.

Last Updated19 Apr 2025 10:00:41 AM CT.

Gold Weekly Thursday Option

Pending all relevant regulatory reviews

Product Code
CME Globex: G1R,G2R,G3R,G4R,G5R
CME ClearPort: G1R,G2R,G3R,G4R,G5R
Clearing: G1R,G2R,G3R,G4R,G5R
Settlement Method
Deliverable
Strike Prices/ Strike Price Interval
Strike Price Listing and Exercise Procedures Table

Contract Unit
100 troy ounces
Listed Contracts
Weekly contracts listed for 4 weeks.
No weekly contract listed with the same expiration day as the monthly option.
No weekly contract listed if expiration day is not a business day.
Contract Specs
View Full Contract Specs

Minimum Price Fluctuation
0.10 per troy ounce = $10.00
Termination of Trading
Trading terminates at the Settlement Time of the underlying futures on Thursday of the contract week.

Last Updated19 Apr 2025 10:00:41 AM CT.

Gold Weekly Friday Option

Pending all relevant regulatory reviews

Product Code
CME Globex: OG1-OG5
CME ClearPort: OG1-OG5
Clearing: OG1-OG5
Settlement Method
Deliverable
Strike Prices/ Strike Price Interval
Transactions shall be conducted for option contracts as set forth in Rule 300.20.

Contract Unit
One COMEX Gold futures contract
Listed Contracts
Weekly contracts listed for 4 consecutive weeks. No weekly contract listed if it would expire the business day after the expiration of the monthly option.
Contract Specs
View Full Contract Specs

Minimum Price Fluctuation
$0.10 per troy ounce
Termination of Trading
Options will expire at the close of trading on a Friday schedule. If such Friday is an Exchange holiday, the weekly option will not be listed for trading.

Last Updated19 Apr 2025 10:00:41 AM CT.

Micro Gold Option

Pending all relevant regulatory reviews

Product Code
CME Globex: OMG
CME ClearPort: OMG
Clearing: OMG
Settlement Method
Deliverable
Strike Prices/ Strike Price Interval
Transactions shall be conducted for option contracts as set forth in Rule 300.20.

Contract Unit
One COMEX Micro Gold futures contract
Listed Contracts
Monthly contracts listed for the nearest twenty (20) consecutive months
Contract Specs
View Full Contract Specs

Minimum Price Fluctuation
$0.10 per troy ounce
Termination of Trading
Trading terminates on the fourth last business day of the month preceding the delivery month. If the fourth last business day occurs on a Friday or the day before a holiday, trading terminates on the prior business day

Last Updated19 Apr 2025 10:00:41 AM CT.

Micro Gold Weekly Monday Option

Pending all relevant regulatory reviews

Product Code
CME Globex: 1MG, 2MG, 3MG, 4MG, 5MG
CME ClearPort: 1MG, 2MG, 3MG, 4MG, 5MG Clearing: 1MG, 2MG, 3MG, 4MG, 5MG
Settlement Method
Deliverable
Strike Prices/ Strike Price Interval
Transactions shall be conducted for option contracts as set forth in Rule 300.20.

Contract Unit
One COMEX Micro Gold futures contract
Listed Contracts
Weekly contracts listed for 4 consecutive weeks
Contract Specs
View Full Contract Specs

Minimum Price Fluctuation
$0.10 per troy ounce
Termination of Trading
Options will expire at the close of trading on a Monday schedule. If such Monday is an Exchange holiday, the weekly option will not be listed for trading.

Last Updated19 Apr 2025 10:00:41 AM CT.

Micro Gold Weekly Wednesday Option

Pending all relevant regulatory reviews

Product Code
CME Globex: 1WG,2WG,3WG,4WG,5WG
CME ClearPort: 1WG,2WG,3WG,4WG,5WG
Clearing: 1WG,2WG,3WG,4WG,5WG
Settlement Method
Deliverable
Strike Prices/ Strike Price Interval
Transactions shall be conducted for option contracts as set forth in Rule 300.20

Contract Unit
One COMEX Micro Gold futures contract
Listed Contracts
Weekly contracts listed for 4 consecutive weeks
Contract Specs
View Full Contract Specs

Minimum Price Fluctuation
$0.10 per troy ounce
Termination of Trading
Options will expire at the close of trading on a Wednesday schedule. If such Wednesday is an Exchange holiday, the weekly option will not be listed for trading

Last Updated19 Apr 2025 10:00:41 AM CT.

Micro Gold Weekly Friday Option

Pending all relevant regulatory reviews

Product Code
CME Globex: 1FG, 2FG, 3FG, 4FG, 5FG
CME ClearPort: 1FG, 2FG, 3FG, 4FG, 5FG
Clearing: 1FG, 2FG, 3FG, 4FG, 5FG
Settlement Method
Deliverable
Strike Prices/ Strike Price Interval
Transactions shall be conducted for option contracts as set forth in Rule 300.20.

Contract Unit
One COMEX Micro Gold futures contract
Listed Contracts
Weekly contracts listed for 4 consecutive weeks.
Contract Specs
View Full Contract Specs

Minimum Price Fluctuation
$0.10 per troy ounce
Termination of Trading
Options will expire at the close of trading on a Friday schedule. If such Friday is an Exchange holiday, the weekly option will not be listed for trading.

Last Updated19 Apr 2025 10:00:41 AM CT.

Silver Option

Pending all relevant regulatory reviews

Product Code
CME Globex: SO
CME ClearPort: SO
Clearing: SO
Settlement Method
Deliverable
Strike Prices/ Strike Price Interval
Transactions shall be conducted for option contracts as set forth in Rule 300.20.

Contract Unit
One COMEX Silver futures contract
Listed Contracts
Trading is conducted in (a) the nearest five of the following contract months: March, May, July, September, and December and (b) the nearest January, February, April, June, August, October, and November such that a total of six consecutive calendar months from and including the current listed futures contract month are listed at all times and (c) any July and December during a 60 month period from and including the current listed contract month.
Contract Specs
View Full Contract Specs

Minimum Price Fluctuation
$0.001 per troy ounce
Termination of Trading
Expiration occurs four business days prior to the end of the month preceding the option contract month. If the expiration day falls on a Friday or immediately prior to an Exchange holiday, expiration will occur on the previous business day

Last Updated19 Apr 2025 10:00:41 AM CT.

Silver Weekly Monday Option

Pending all relevant regulatory reviews

Product Code
CME Globex: M1S, M2S, M3S, M4S, M5S
CME ClearPort: M1S, M2S, M3S, M4S, M5S
Clearing: M1S, M2S, M3S, M4S, M5S
Settlement Method
Deliverable
Strike Prices/ Strike Price Interval
Transactions shall be conducted for option contracts as set forth in Rule 300.20

Contract Unit
One COMEX Silver futures contract
Listed Contracts
Weekly contracts listed for 4 consecutive weeks. No weekly contract listed if it would expire the business day after the expiration of the monthly option.
Contract Specs
View Full Contract Specs

Minimum Price Fluctuation
$0.001 per troy ounce
Termination of Trading
Options will expire at the close of trading on a Monday schedule. If such Monday is an Exchange holiday, the weekly option will not be listed for trading

Last Updated19 Apr 2025 10:00:41 AM CT.

Silver Weekly Tuesday Option

Pending all relevant regulatory reviews

Product Code
CME Globex: S1T,S2T,S3T,S4T,S5T
CME ClearPort: S1T,S2T,S3T,S4T,S5T
Clearing: S1T,S2T,S3T,S4T,S5T
Settlement Method
Deliverable
Strike Prices/ Strike Price Interval
Strike Price Listing and Exercise Procedures Table

Contract Unit
5,000 troy ounces
Listed Contracts
Weekly contracts listed for 4 weeks.
No weekly contract listed with the same expiration day as the monthly option.
No weekly contract listed if expiration day is not a business day.
Contract Specs
View Full Contract Specs

Minimum Price Fluctuation
0.001 per troy ounce = $5.00
Termination of Trading
Trading terminates at the Settlement Time of the underlying futures on Tuesday of the contract week.

Last Updated19 Apr 2025 10:00:41 AM CT.

Silver Weekly Wednesday Option

Pending all relevant regulatory reviews

Product Code
CME Globex: W1S, W2S, W3S, W4S, W5S
CME ClearPort: W1S, W2S, W3S, W4S, W5S Clearing: W1S, W2S, W3S, W4S, W5S
Settlement Method
Deliverable
Strike Prices/ Strike Price Interval
Transactions shall be conducted for option contracts as set forth in Rule 300.20.

Contract Unit
One COMEX Silver futures contract
Listed Contracts
Weekly contracts listed for 4 consecutive weeks. No weekly contract listed if it would expire the business day after the expiration of the monthly option.
Contract Specs
View Full Contract Specs

Minimum Price Fluctuation
$0.001 per troy ounce
Termination of Trading
Options will expire at the close of trading on a Wednesday schedule. If such Wednesday is an Exchange holiday, the weekly option will not be listed for trading.

Last Updated19 Apr 2025 10:00:41 AM CT.

Silver Weekly Thursday Option

Pending all relevant regulatory reviews

Product Code
CME Globex: R1S,R2S,R3S,R4S,R5S
CME ClearPort: R1S,R2S,R3S,R4S,R5S
Clearing: R1S,R2S,R3S,R4S,R5S
Settlement Method
Deliverable
Strike Prices/ Strike Price Interval
Strike Price Listing and Exercise Procedures Table

Contract Unit
5,000 troy ounces
Listed Contracts
Weekly contracts listed for 4 weeks.
No weekly contract listed with the same expiration day as the monthly option.
No weekly contract listed if expiration day is not a business day.
Contract Specs
View Full Contract Specs

Minimum Price Fluctuation
0.001 per troy ounce = $5.00
Termination of Trading
Trading terminates at the Settlement Time of the underlying futures on Thursday of the contract week.

Last Updated19 Apr 2025 10:00:41 AM CT.

Base Metals Options

Ferrous Metals Options

Battery Metals Options

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