Buying and settling YG (33.2oz) gold futures through ICE

Discussion in 'Commodity Futures' started by trgovec, Jan 16, 2015.

  1. trgovec

    trgovec

    Hey guys,

    Anybody have any experience buying physical gold through futures, in this case, the mini YG futures? ie. what/where are the approved vaults, vault charges, fees for delivery.

    Trying to determine if it's more/less expensive than buying 33 1oz "good delivery" bars from Kitco at $25 premium over futures + $200 shipping/insurance.

    Thanks,
     
  2. rmorse

    rmorse Sponsor

    Make sure your FCM will allow taking delivery. Some don't and will liquidate your position.