XAU/USD

1978.0
0.79%
Daily
  • L. 1975.32
  • H. 2003.08
  • Ch. -15.72
  • Ch.% -0.79%
Overview
Costs & Margins
  • XAU/USD is the FX ticker for the spot price of gold. It tells traders how many US dollars are required to buy gold at the current market price.  

    The gold price is closely watched by traders as the metal has been a valuable commodity for millennia. Demand for gold primarily comes from its use in jewellery, industry, technology and by central banks. 

    Gold’s reputation as a store of value means it’s used by investors used as a safe haven during periods of economic uncertainty – so its price tends to hold or increase as stocks and bonds decline.

  • Margin From
    100.0 %
  • Trading Hours
    24 hours / day *
  • Min Trade Size
    1
  • Long
    -2.83
  • Short
    2.73
  • Min Stop Distance
    0.0 points
  • Spreads
  • Spreads From
    0.53 Points
  • Margins
  • 0 +
    100.0 %
  • Dealing
  • Spreads
    0.53 Points
  • Margins
  • 0 +
    100.0 %

Pivot points
Dailys
Weekly
Monthly
Pivot point
1855.28
Bid
1977.65
Offer
1978.35
Distance
0
Last Updated: 3/10/2023 10:00:00 PM

Economic Calendar

Gold and silver trading explained

What are the symbols for spot gold and silver?

Currently we offer spot gold as XAU/USD and the symbol for spot silver is XAG/USD.

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What are the trading hours for spot gold and silver?

Spot gold and silver, which is unleveraged, trading is available 23 hours a day from 6pm ET Sunday through 5pm ET Friday. Trading is closed from 5pm to 6pm ET daily; however, you may place new working orders or edit and cancel existing working orders during that time. Spot gold and silver trading also follows CME holiday closures.

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How is margin calculated for spot gold and silver?

Normal margin on spot metals is 1:1, or 100% of the contract value.

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If you have more questions visit the Gold and Silver Trading FAQ section or start a Chat with our support team.

Looking to learn more about gold and silver trading? Visit our trading academy and use our resources to become market-ready.

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