Quoted per troy ounce in US dollars.
Markets
Metals
Gold and silver against the dollar — the instruments traders reach for when currencies and rates move.
What you are trading
Metals
Spot metal CFDs track the price of an ounce of gold or silver quoted in dollars. You are trading the price, not the metal: there is no bar, no vault and no delivery, and a position can be held in either direction.
Traded as a CFD: you take a position on the price, you never own the underlying asset.
Metals often move when real yields and the dollar move, which is why they are watched around rate decisions.
The market pauses for a daily break and is closed at the weekend.
Metals
How it trades with us
Metals sit in the same watchlist as your currency pairs and use the same order types, so a gold position is opened exactly the way a EUR/USD position is.
Traded as a CFD: you take a position on the price, you never own the underlying asset.
XAU/USDDemo Feed
Prices right now
Demo FeedReference prices from our own feed. One indicative price per instrument, with the day's high and low — not a tradable quote.
| Instrument | Price | Change | Day high | Day low | Today |
|---|---|---|---|---|---|
| XAU/USDGold | 4,388.30 | −0.36% | 4,408.06 | 4,384.35 | |
| XAG/USDSilver | 65.42 | −0.24% | 65.64 | 65.36 |
Simulated prices for illustration only. Not live quotes and not an offer to trade.
Metals
Worth knowing
When this market is open
Our published session times for this market: [TRADING HOURS]. Sessions move with daylight saving, and an instrument can be halted when its underlying market is closed.
What it costs
Every market here is priced the same way your account is priced: one all-in spread, or a tighter spread with a fixed commission per lot. Nothing is added on top for a particular market.
Compare the four accountsTrader tools
Plan the trade before you place it.
Size positions and check which markets are active before you trade.
Market sessions
Forex trades around the clock across four main sessions. Liquidity is usually highest when two overlap.
- Sydney—
- Tokyo—
- London—
- New York—
Times in UTC (--:-- now). Approximate, and they shift with daylight saving.
Position calculator
See what each pip is worth, the position value and the margin required at a chosen leverage.
Pip value$10.00per 1-pip move
Position value$108,420notional, in USD
Margin required$3,614at selected leverage
Estimates for education only, at a simulated reference price. The leverage available to you depends on your account and regulator.
Ready when you are.
Open a live account in the client portal, or practise first on a free demo with virtual funds.