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Physical Deliveryof COMEX Precious Metal Futures

Physical Delivery of
COMEX Precious Metal Futures

Interactive Brokers offers trading on various COMEX precious metal futures and eligible clients can take physical delivery of COMEX silver or gold futures.

Physical delivery is in the form of a registered warrant for each futures contract. Please refer to the COMEX Rulebook for additional information regarding the details of what a warrant represents for that symbol.

Symbol Description Platforms Additional Info
GC Gold NYMEX, QBALGO COMEX Rulebook - Chapter 113
Gold Futures
MGC Micro Gold NYMEX COMEX Rulebook - Chapter 120
Micro Gold Futures
SI Silver NYMEX, QBALGO COMEX Rulebook - Chapter 112
Silver Futures
SIL Micro Silver NYMEX COMEX Rulebook - Chapter 121
Micro Silver Futures
Efficient pricing gold in small quantities

CME Delivery Plus

The CME Deliveries department administers all aspects of the process of physical delivery of silver and gold. The cost of taking delivery of a warrant is a function of settlement price (as assigned by COMEX) multiplied by weight multiplied by finesses, plus any storage costs.

Visit the CME website for current information about the delivery process, delivery periods, delivery terms and other topics.

View Knowledge Base

Visit CME Deliveries Webpage

Access IBKR Spot Gold and IBKR Spot Silver

Trading IBKR Spot Gold and IBKR Spot Silver gives you access to the London bullion market, the center for the international over-the-counter (OTC) market for gold and silver.

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The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information read the "Characteristics and Risks of Standardized Options". For a copy click here.

Your capital is at risk and your losses may exceed the value of your original investment.

Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.

Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.

Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.

For a list of IBG memberships worldwide, click here.