Markets

Gold and metals trading

18 instruments on gold and silver, priced in US dollars, euros, pounds, yen and other currencies.

Instruments
18
Max leverage
1:2000
Smallest trade (lots)
0.01
Trading hours (UTC)
Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
Spread
Floating
First deposit from
10 USD

Gold and silver in dollars and other currencies

XAUUSD is the price of one ounce of gold in US dollars, XAUEUR in euros and XAUJPY in yen; silver trades the same way as XAGUSD, XAGEUR and more. A metal’s price in another currency is calculated from its dollar price and that currency’s exchange rate.

Contract size differs between metals: one gold lot is 100 ounces and one silver lot is 5,000 ounces; check the table before sizing your trade.

What moves the gold price?

Gold is traditionally seen as a haven in uncertain times, and its price responds to the US dollar, interest rates and inflation data. These are general relationships, not fixed rules: the price can move against them, and sharp volatility can reach a stop loss quickly.

Metals trading hours

Hours in UTC: Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter). Metals also close on US exchange holidays.

Metals contract specifications

Contract size, trade volume limits and trading hours for each instrument.

Metals contract specifications
SymbolInstrumentContract sizeMin volumeMax volumeTrading hours (UTC)
XAGAUD Silver / Australian Dollar 5,000 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAGCAD Silver / Canadian Dollar 5,000 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAGEUR Silver / Euro 5,000 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAGGBP Silver / British Pound 5,000 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAGJPY Silver / Japanese Yen 5,000 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAGMXN Silver / Mexican Peso 5,000 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAGTRY Silver / Turkish Lira 5,000 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAGUSD Silver / US Dollar 5,000 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAGZAR Silver / South African Rand 5,000 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAUAUD Gold / Australian Dollar 100 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAUCAD Gold / Canadian Dollar 100 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAUEUR Gold / Euro 100 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAUGBP Gold / British Pound 100 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAUJPY Gold / Japanese Yen 100 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAUMXN Gold / Mexican Peso 100 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAUTRY Gold / Turkish Lira 100 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAUUSD Gold / US Dollar 100 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)
XAUZAR Gold / South African Rand 100 0.01 50 Sun 22:00 – Fri 21:00, daily break 21:00–22:00 (1 hour later in winter)

Questions about trading Metals

What is the gold contract size?
One XAUUSD lot equals 100 ounces, so a one-dollar move changes the value of a full lot by 100 dollars. The smallest trade is 0.01 lots.
Can I trade gold in euros?
Yes, through XAUEUR, and silver through XAGEUR.

Start with a demo or a live account

The demo account runs on the same platform with virtual funds, and you can open a live account when you are ready.