Gc futures tick value currently

Currently, GC futures tick value remains $10 per 0.1 increment, with gold hovering in the $2,060–$2,070/oz range. The recent dip in the U.S. dollar index is adding speculative demand. Price action is showing a tight intraday range, suggesting traders are waiting for fresh macro cues from upcoming Fed minutes. The spot price rose 0.3% to $2,705 per ounce, while futures rose 0.6% to $2,733 per ounce. Once you establish a position, you need to know the minimum tick value (the smallest possible increment between a bid and offer). 1OZ futures move in 0.25 increments, equaling $0.25 per move. Analysts point to the weak U.S. retail sales data as a trigger for renewed buying interest. Higher highs and higher lows in daily candles indicate the uptrend is intact.