Gold and Silver mini

2

2lakes

Hi,

I have yet to trade my first futures contract and am thinking about
buying or selling the gold mini and silver contracts. Does anyone
have any experience in the mini market?

I wonder how liquid the mini market is.

Thanks
 
Gold is much better than silver, as there are lots of people doing arb. You can get free quotes at www.cbot.com showing bid & ask, so you can decide for yourself if the spread is tight enough. Right now, the spread is 358.50 X358.80 in dec gold minis, about typical, a hair wider than comex full size.
Jessie
 
Liquidity is pretty good on the Gold mini, don't know about Silver. I watch Gold everyday and almost went long today but it just didn't look that good and collapsed 2 dollars shortly after I canceled my LMT order. That said the orders stayed there for a while as I kept moving it, trying to get an execution between the spread. But to no avail. Be careful with Gold it's kinda unpredictable IMO.

I have been trying to get info about the limits up/down in Gold and any data from the Government or industry that may affect that market. Can anyone help?
 
During RTH, there's a 30 up market about 60-80 cents wide, and also smaller orders to tighten it up. Right now it's 20 cents wide 13x1.
 
trade a little 3-5-10 contracts a side daily in the YG

mini gold .... a week ago I did 30 - 40 side , but that

was way too much for me ... even with IB's rock bottom

commissions of $1.50 a side all included.

the 30 X 30 stuff is the liquidity quote provided by the

lead M.M. under contract to the CBOT I believe

the smaller stuff 9X9 , 6X6, 3X3 1X1 is smaller , and smaller

spec 's like me

:cool:
 
you can see where the cash market is at kitco

you have to add the EFP ( spread between spot and August

for example ) to their middle to get an idea where futures

should be trading at

also ... the USD movements

and equity movements of the sector

xau . hui , gox

and knowing where overnight range was
(on access system for clearing members and locals)
can help too
 
You must log in or register to reply here.
Back
Top