December 15, 2021 05:57 AM
XAU/USD
View indicative pricing and leverage information for XAU/USD.
Price Chart
XAU/USD chart
Price
2641.27
Change %
-0.09%
XAU/USD market insights
Pivot Points
TradingView
Performance Analytics
When you trade your FOREX.com account on TradingView.com, you benefit from sharing ideas with their community of over 50 million traders, investors, and analysts in addition to their industry-leading charts and tools.
Whether you are new to trading or a seasoned investor, TradingView delivers on our joint mission to help anyone succeed in financial markets.
When it comes to trading, it’s just as important to assess your own behaviours as well as the market’s. More than a modern-day trading journal, simply log into our trading platform and select the Performance Analytics tab for in-depth insights on your strengths and weaknesses.
XAU/USD overview
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 From5.0 %
-
Trading Hours24 hours / day *
-
Min Trade Size1
-
Long-9.73
-
Short6.45
-
Min Stop Distance0.0 Points
-
Guaranteed Order Minimum6.0 Points
-
Spreads
-
Spreads From0.53 Points
-
Margins
-
0 - 4 2005.0 %
-
4 200 - 8 4006.0 %
-
8 400 +20.0 %
-
Dealing
-
Spreads0.53 Points
-
Guaranteed Order Min Distance6.0 Points
-
Margins
-
0 - 4 2005.0 %
-
4 200 - 8 4006.0 %
-
8 400 +20.0 %
Latest Research
November 29, 2021 10:18 PM
Gold and silver trading explained
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.
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?
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?
If you have more questions visit the Metals FAQ section or start a Chat with our support
