Parameters of deliverable futures
| № | Contract name | Futures code* | Basic asset | Delivery obligations | Contract lot | Min price tick | Tick value |
|---|---|---|---|---|---|---|---|
| 1. | Deliverable Gold futures | GLD | Gold | GLDRUB_TOM instrument traded on the MOEX FX and Precious Metals Market | 10 g | 0,10 RUB | 1 RUB |
| 2. | Deliverable Silver futures | SLV | Silver | SLVRUB_TOM instrument traded on the MOEX FX and Precious Metals Market | 100 g | 0,01 RUB | 1 RUB |
Key factors which influence the price of deliverable gold and silver futures contracts:
- Demand in the jewelry industry;
- The discovery of new deposits of gold and silver;
- Technological development of the industry;
- Global political and economic situation, investment climate;
- Inflation rate;
- Political decisions of states;
- Position of central banks – monetary policy peculiarities;
- Current US dollar rate;
- Gold and silver producers decisions.