Futures trading example silver futures trading example: COMEX

Silver futures trading example: COMEX May contracts surged 4.5% in two sessions, with RSI hitting 74—a potential overbought signal for near-term traders. (Even the AFL-CIO, the largest labor organization in the U.S., which maintains its support for import taxes as a tool, has criticized “tariffs for the sake of tariffs.”) Gold futures control 100 troy ounces of gold. The market value of the contract is 100 times the current market price for 1 ounce of gold. For instance, if the market price of gold is $1,950, the value of 1 gold futures contract is $195,000 ($1,950 x 100 troy ounces). Keep in mind that troy gold ounces are not the same as regular ounces and are 31.1 grams in weight versus 28.3 grams for regular ounces, which is almost a 10% difference. Natural gas futures trading example reveals Henry Hub May futures dropping 6% as storage data exceeded analyst forecasts, pressuring spot market sentiment.