• 34ºc, Sunny

CME Group to launch one-ounce gold futures to meet retail investor demand

The Chicago Mercantile Exchange Group will offer a one-ounce gold futures contract starting in January 2025 to meet strong demand from retail investors at a time when gold prices are hitting record highs. The futures contract will be available from January 13, although it will still need to wait for regulatory approval, CME said in a statement on December 5. The new futures will enrich CME's retail-friendly micro gold and silver futures contracts. Micro gold and silver futures are among the fastest growing metals products, with record trading volumes this year, CME said.