On this page
Contract specifications
- Contract symbol
- GCM9
- Product
- Gold (GC)
- Exchange
- COMEX
- Delivery month
- June 2029 (code M)
- Roll anchor
- May 29, 2029
- Official last trading day
- June 27, 2029
- Default rolls on
- May 25, 2029 (4 days before)
- Tick size
- 0.1
- Tick value
- $10.00
- Point value
- $100.00
- Next delivery
- GCQ9 (July 27, 2029)
The date that matters on GCM9
The first notice day of GCM9 is May 31, 2029, the last business day of the month preceding delivery. Senzoukria anchors its roll two business days earlier, on May 29, 2029.
This date is not the last trading day. A metal contract keeps quoting into its delivery month, but past the first notice day it is deliverable, liquidity collapses, and most brokers and prop firms liquidate what is left. Senzoukria therefore anchors its roll two business days before the first notice day and never offers a contract already in its delivery period.
GCM9 itself keeps quoting until its official last trading day, June 27, 2029, the third-to-last business day of its delivery month, but that session sits inside the delivery period and is not where the volume is.
Senzoukria stops offering GCM9 as the default contract on May 25, 2029, 4 calendar days before that roll anchor, and keeps it selectable with a badge. The date is computed from the exchange rule rather than stored. The engine counts Monday to Friday and holds no CME holiday table, so a date that falls next to a public holiday can be one day off the exchange calendar. Check the exchange calendar when the date sits close to a holiday.
When the volume actually leaves
Metal contracts stay quoted into their delivery month, but the volume leaves before the first notice day. The active month is rarely the one whose name matches the calendar, so checking the date rather than the month name is the habit that avoids trading a dying contract.
For GCM9 the next listed delivery is GCQ9, whose roll anchor is July 27, 2029. That is the contract the volume moves into, just as it moved out of GCJ9 on March 24, 2029.
What one tick is worth on GCM9
The minimum price fluctuation is 0.1, which is $10.00 per contract on a multiplier of 100. A full point is therefore $100.00. On a footprint chart one row is one tick, so the same vertical space holds a different number of rows depending on the product: a tick of 0.1 sets how finely the bid and ask volume of GC can be read.
These are the values the app itself trades on, taken from its contract table rather than retyped, so the P&L shown on a GCM9 position and the rows of its footprint come from the same numbers.
Every GC delivery listed in 2029
GC lists 6 delivery months a year (G, J, M, Q, V, Z). GCM9 is number 3 of 6 in 2029.
| Contract | Delivery | Roll anchor | Default rolls on |
|---|---|---|---|
| GCG9 | Feb 2029 | Jan 29, 2029 | Jan 25, 2029 |
| GCJ9 | Apr 2029 | Mar 28, 2029 | Mar 24, 2029 |
| GCM9 (this page) | Jun 2029 | May 29, 2029 | May 25, 2029 |
| GCQ9 | Aug 2029 | Jul 27, 2029 | Jul 23, 2029 |
| GCV9 | Oct 2029 | Sep 26, 2029 | Sep 22, 2029 |
| GCZ9 | Dec 2029 | Nov 28, 2029 | Nov 24, 2029 |
GCM9 and MGCM9 side by side
GC and MGC track the same underlying, but GC is 10 times the size of MGC: $10.00 a tick against $1.00. Both quote on the same 0.1 tick. GCM9 and MGCM9 share the same roll anchor, May 29, 2029, so a position in either rolls on the same date.
The practical difference is position sizing rather than behaviour. MGC lets a 10-contract position carry the same exposure as one GC, which makes partial exits possible on a small account; GC carries the deeper book, so its footprint and its depth of market are the ones to read even when the position is held in MGC.
Related pages
- GC — Gold
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Continuous contract
- Back month contract
- MGC — Micro Gold
- GCQ9
- GCJ9
- GC 2029
- MGCM9
In the same section
This page in other languages
Frequently asked questions
- When does GCM9 stop being tradable in practice?
- The roll anchor of GCM9 is May 29, 2029. The first notice day is the last business day of the month preceding the delivery month; the official last trading day is the third-to-last business day of the delivery month itself. This date is not the last trading day. A metal contract keeps quoting into its delivery month, but past the first notice day it is deliverable, liquidity collapses, and most brokers and prop firms liquidate what is left. Senzoukria therefore anchors its roll two business days before the first notice day and never offers a contract already in its delivery period.
- When should I roll out of GCM9?
- The app switches its default to the next listed month on May 25, 2029, which is GCQ9. In practice the volume moves before the calendar does, so compare the traded volume and open interest of the two months rather than waiting for the roll anchor.
- How much is one tick of GCM9 worth?
- One tick of 0.1 is $10.00 per contract, and a full point is $100.00, on a multiplier of 100.
- Does GCM9 really stop trading on May 29, 2029?
- No. GCM9 keeps quoting until June 27, 2029, the third-to-last business day of its delivery month. May 29, 2029 is the roll anchor Senzoukria uses, two business days before the first notice day, because past that point the contract is deliverable and the liquidity is gone.