Gold
GC=FGCV26.CMXUpdated 05:05:14 · refreshes every 60s
Implied Opening Price
4,617.76▼
−16.74−0.36%
1σ 4,575.56 – 4,659.97VIX 14.5%
Spot vs Implied Open
Cost-of-Carry Model
Full methodology →Model Inputs
| Variable | Value |
|---|---|
| Futures Price (F) | 4,634.50 |
| Spot Price (S) | 4,634.50 |
| Risk-Free Rate (r) | 3.78% |
| Storage Cost (q) | 0.15% |
| Time to Expiry (t) | 33.6d |
About this projection
The Gold implied open tracks the front-month GC=F futures contract, adjusted for cost of carry: the USD risk-free rate plus an annualized storage-and-insurance estimate of roughly 0.15% per year, discounted over the time to contract expiry.
Commodities have no dividend stream, so storage cost takes yield's place in the fair-value formula. The projection refreshes continuously while futures trade; the methodology page has the full derivation.
This is not financial advice.← Back
