Gold And Silver: E-micro Gold Futures Contract

Thursday, January 13, 2011

E-micro Gold Futures Contract - Symbol MGC

A recently introduced micro gold futures contract offers small individual investors easy access to the COMEX gold market.

The contract is based on 10 ounces of gold, one-tenth the size of regular futures contract. As such they offer individual investors a less capital-intensive way for individual investor to participate in the world gold market than trading the standard gold futures contract.

Ways to Invest in Gold and Silver

A. Via Futures Contract

1. GC - Large Gold Futures

2. YG - Mini Gold Futures

3. MGC - Micro Gold Futures

4. SI - Large Silver Futures

5. YI - Mini Silver Futures

B. Via ETFs

1. ZKB - Swiss Gold ETF *****

2. CEF - Canada Gold ETF*****

3. GLD - COMEX Gold ETF

4. ZSIL - Swiss Silver ETF*****

5. SLV - COMEX Silver ETF

6. PHSY - Sprott Silver ETF*****

7. GDX - Gold Miners ETF

C. Via Mining Stocks

1. AUY - Yamana Gold (NYSE)

1B. YRI.TO - Yamana Gold (Toronto)

2. NEM - Newmont Mining

3. ABX - Barrick Gold

4. GG - Gold Corp

5. AEM - Agnico Eagle

6. AU - AngloGold Ashanti

7. KGC - Kinross Gold

8. IAG - IAMgold

9. GFI - Gold Fields

10. UXG - US Gold

11. NG - NoveGold Resources

D. Via Physical Metal

1. Gold Coins

2. Silver Coins

3. Gold Bars

4. Silver Bars