I've been looking into metal futures recently and I found both of this contracts... which is the benchmark contract? which one has more volume,why does one prefer over another? both are 100oz and $10 a tick
a few yrs ago ZG would have been the better choice for screen trading now GC is far and away the king of the metals by the way ... YG is a good choice for getting your feet wet in futures trading during daytime USA hours as it us 1/3 the size of GC +ZG or one can trade 100 shares of GLD ( ETF) if you have an account that fits the pattern daytrader rules and wish to lower your risk further while you refine your trading style to suit these volatile conditions we are seeing good luck to you ps you are correct ... both are 100 OZ and $10 a tick )