Kitco with the report on the CME futures exchange launching a new gold futures contract
It will offer expanded delivery options including:
- 100-troy ounce
- 400-troy ounce
- 1-kilo gold bars
New contract is expected to launch with the first expiration of April 2020 (pending regulatory approval)
"By offering a choice of delivery sizes as well as inter-commodity spreads with our benchmark gold futures, this new contract will provide customers with maximum flexibility in managing physical delivery,"
Link here to Kitco for more detail
