Micro Gold Futures vs GLD: Size, Tax, Cost
What one Micro Gold (MGC) contract controls at different gold pricestable ·
2026-10-04 · 7×6
GLD's trailing year, and the gold notional inside one MGCseries ·
2026-10-04 · 13×7
GLD overnight gaps against intraday moves, by yearranking ·
2026-10-04 · 10×4
GLD sponsor fee on a stake matching one MGC, by years heldranking ·
2026-10-04 · 10×3
Gold Miner Covered Call ETFs: Yield vs Upside
2026 price return, distributions and total return: miners, wrapper and bulliontable ·
2026-10-04 · 4×5
Monthly price move, 2026: GDX vs the covered call wrapper GDXYseries ·
2026-10-04 · 10×3
Monthly at-the-money IV: GDX, GDXJ and SPY over the past yearseries ·
2026-10-04 · 13×5
At-the-money implied volatility: gold miners vs bullion vs the S&P 500table ·
2026-10-04 · 4×6
GLD Implied Volatility, Explained
Average implied volatility by delta bucket, trailing twelve monthsranking ·
2026-09-23 · 5×3
25 delta call minus put implied volatility, in volatility pointsseries ·
2026-09-23 · 60×5
Percentile range of daily ATM implied volatility, five year windowranking ·
2026-09-23 · 5×3
Monthly at-the-money 30 day implied volatility: GLD vs SPYseries ·
2026-09-23 · 60×4
What one Micro Gold (MGC) contract controls at different gold prices
What one Micro Gold (MGC) contract controls at different gold prices
| gold_price_per_oz | mgc_notional_usd | gc_notional_usd | mgc_notional_label | one_pct_move_label | gld_share_equivalent |
|---|---|---|---|---|---|
| $3,200 | 32000 | 320000 | $32,000 | $320 | 109 GLD shares |
| $3,600 | 36000 | 360000 | $36,000 | $360 | 109 GLD shares |
| $4,000 | 40000 | 400000 | $40,000 | $400 | 109 GLD shares |
| $4,400 | 44000 | 440000 | $44,000 | $440 | 109 GLD shares |
| $4,800 | 48000 | 480000 | $48,000 | $480 | 109 GLD shares |
| $5,200 | 52000 | 520000 | $52,000 | $520 | 109 GLD shares |
| $5,600 | 56000 | 560000 | $56,000 | $560 | 109 GLD shares |
the exact SQL behind every number
SELECT
concat('$', substring(toString(price_per_oz), 1, 1), ',', substring(toString(price_per_oz), 2, 3)) AS gold_price_per_oz,
price_per_oz * 10 AS mgc_notional_usd,
price_per_oz * 100 AS gc_notional_usd,
concat('$', toString(intDiv(price_per_oz * 10, 1000)), ',000') AS mgc_notional_label,
concat('$', toString(intDiv(price_per_oz, 10))) AS one_pct_move_label,
concat(toString(toUInt16(round(10 / 0.0918))), ' GLD shares') AS gld_share_equivalent
FROM
(
SELECT 3200 + (400 * arrayJoin(range(7))) AS price_per_oz
)
ORDER BY price_per_oz
More from this analysisMicro Gold Futures vs GLD: Size, Tax, Cost
GLD's trailing year, and the gold notional inside one MGC
series 13×7
→
GLD overnight gaps against intraday moves, by year
ranking 10×4
→
GLD sponsor fee on a stake matching one MGC, by years held
ranking 10×3
→
2026 price return, distributions and total return: miners, wrapper and bullion
table 4×5
→
See all 3,022 queries →