Trade gold, silver and precious metals.
Spot gold and silver, plus platinum and palladium, priced against the US dollar. A classic hedge when markets turn, available almost 24 hours a day.
- Gold spread from $0.12
- Positions from 1 oz
- Swap-free option
Precious metals, priced live.
Live streaming prices for spot gold, silver, platinum and palladium.
Live prices from our MT5 trading servers. Spreads and conditions may vary.
Precious metals, without the vault.
Take a view on gold and silver without buying, storing or insuring the physical metal.
Spot gold and silver
Trade XAU/USD and XAG/USD, two of the most actively traded instruments in the world.
A traditional safe haven
Metals often react to inflation, rate expectations and the US dollar, which makes them a popular diversifier.
Start from 1 ounce
A 0.01 lot of gold is just 1 troy ounce, so you can size positions precisely.
Long or short
Profit from rising or falling prices. Sell gold as easily as you buy it.
Nearly 24-hour trading
Metals trade from Sunday evening to Friday night, with a short daily break.
Swap-free option
Hold gold and silver overnight without swap charges on the Swap-free account.
Metals contract specifications.
Key trading conditions for our most popular instruments. The full list is available in MetaTrader 5.
| Symbol | Min lot | Contract size | Spread from | Margin | Swap long | Swap short | Trading hours (GMT) |
|---|---|---|---|---|---|---|---|
XAU/USDGold vs US Dollar | 0.01 | 100 troy oz | 0.12 | 2% | −48.2 | +21.5 | Sun 23:00 – Fri 21:59 |
XAG/USDSilver vs US Dollar | 0.01 | 5,000 troy oz | 0.02 | 5% | −6.4 | +1.8 | Sun 23:00 – Fri 21:59 |
XPT/USDPlatinum vs US Dollar | 0.01 | 100 troy oz | 0.90 | 10% | −22.6 | +4.0 | Sun 23:00 – Fri 21:59 |
XPD/USDPalladium vs US Dollar | 0.01 | 100 troy oz | 1.50 | 10% | −25.1 | +3.2 | Sun 23:00 – Fri 21:59 |
Indicative, see platform for live specifications. Spreads in USD (Pro account). Swaps in points per lot per night. Daily break 22:00–23:00 GMT. Margin depends on your jurisdiction and account type, with leverage up to 1:[X]. Swap-free available on the Swap-free account.
How metals trading works.
Metals are quoted in US dollars per troy ounce. When you buy XAU/USD you gain if gold rises against the dollar; when you sell you gain if it falls.
Because you trade a CFD on the spot price, there is no delivery, storage or insurance. Profit or loss is the price change multiplied by the number of ounces in your position.
- Troy ounce
- The standard unit for precious metals, about 31.1 grams.
- Lot
- One lot of gold is 100 oz; one lot of silver is 5,000 oz.
- Spot price
- The price for immediate settlement, as opposed to a future date.
- Swap
- An overnight financing adjustment on positions held past 22:00 GMT.
Worked example
XAU/USDIllustrative only, using hypothetical prices. Excludes spread, commission and overnight swap. Leverage magnifies losses as well as gains, and losses can exceed the margin shown.
Metals trading questions.
Can't find what you're looking for? Our team is available 24/5.
Real interest rates, the strength of the US dollar, inflation expectations, central-bank buying and periods of market stress are the main drivers.
No. You trade a contract for difference on the spot price, so there is no ownership of metal, delivery or storage cost.
One standard lot of XAU/USD is 100 troy ounces. The minimum trade of 0.01 lot equals 1 ounce.
Yes. Gold and silver are available on our Swap-free account, which has no overnight swap charges.
Explore other markets
Start trading metals today.
Open a live account in minutes, or practise first with $10,000 in virtual funds.
- Free demo included
- Segregated client funds
- Support 24/5
