XAU/USD

1797.7
0.31%
Daily
  • L. 1778.54
  • H. 1804.55
  • Ch. -5.52
  • Ch.% -0.31%
Overview
Costs & Margins
  • Gold’s popularity has grown over the past few years as an alternative currency trade. Many traders look to the precious metal as a hedge against inflation and storage of value – thus, it is often referred to as a “safe-haven” investment. Historically, gold prices tend to move inversely with the U.S. dollar, however with rising geopolitical uncertainty over the past 5-years this correlation is no longer as evident. In response to greater demand and product diversification, gold has begun to trade relative to other currencies as well. Currently, we offer XAU/USD, XAU/EUR, XAU/GBP, XAU/CHF, XAU/AUD.
  • Margin From
    5.0 %
  • Trading Hours
    24 hours / day *
  • Min Trade Size
    1
  • Long
    -2.12
  • Short
    1.05
  • Min Stop Distance
    0.0 points
  • Guaranteed Order Minimum
    100.0 points
  • Spreads
  • Spreads From
    0.25 Points
  • Margins
  • 0 - 4 200
    5.0 %
  • 4 200 - 8 400
    6.0 %
  • 8 400 +
    20.0 %
  • Dealing
  • Spreads
    0.25 Points
  • Guaranteed Order Min Distance
    100.0 points
  • Margins
  • 0 - 4 200
    5.0 %
  • 4 200 - 8 400
    6.0 %
  • 8 400 +
    20.0 %

Pivot points
Dailys
Weekly
Monthly
Pivot point
1755.40
Bid
1762.85
Offer
1763.51
Distance
0
Last Updated: 11/18/2022 10:00:00 PM

Economic Calendar

Gold and silver trading explained

How are metals traded?

Gold (XAU) and silver (XAG) are traded as spot. Spot gold is offered as XAU/USD, XAU/EUR, XAU/GBP, XAU/CHF, XAU/GBP, XAU/JPY and XAU/AUD. The symbol for spot silver is XAG/USD. Copper, palladium, and platinum are traded as CFD futures.
Was this answer helpful?

What is the minimum and maximum trade size for metals?

The minimum lot size for gold is 10 troy oz, which is a quantity of 1, and the minimum for silver is 500 troy oz, which is also a quantity of 1 on the FOREX.com platform.



The maximum order size varies by market. You can view a market's minimum and maximum volume through the platform.
Was this answer helpful?

Is there an expiry date on spot gold and silver contracts?

There is no expiry date when trading spot gold and silver. As long as you maintain the required margin, your position will remain open until you choose to close it. As with forex positions, open gold and silver positions automatically roll forward to the next day's value date following the close of NY trading at 5pm ET.
Was this answer helpful?
Trading screen on FOREX.com showing EUR/USD trading chart with market headlines

Whether it’s award-winning platforms, first-class educational content or dedicated support, we live and breathe the markets. See why we’re the choice of over 500,000 traders around the world* and open a risk-free demo account or a live application now. It’s quick and easy, and you could be up and running in minutes.

*Number of newly approved live clients across FOREX.com globally, since 2018