Gold
GC=FGCV26.CMXUpdated 18:41:52 · refreshes every 60s
Implied Opening Price
4,440.75▼
−11.25−0.25%
1σ 4,397.95 – 4,483.55VIX 15.3%
Spot vs Implied Open
Cost-of-Carry Model
Full methodology →Model Inputs
| Variable | Value |
|---|---|
| Futures Price (F) | 4,452.00 |
| Spot Price (S) | 4,452.00 |
| Risk-Free Rate (r) | 3.86% |
| Storage Cost (q) | 0.15% |
| Time to Expiry (t) | 23.1d |
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
