Trading gold actually means trading gold to US dollar. This is crucial to take into account when you consider trading this symbol, as the USD is much less stable and more volatile currency. Major gold-mining players are Australia, China, Russia, and the USA. Of all the symbols in the commodity market, gold is one of the most actively traded and can be analysed easily.
Spreads and conditions
- Minimum spread
- 0.8
- Average spread
- 2
- Swap short (pips)
- -2.65
- Swap long (pips)
- -5.83
- Contract size
- 100 Troy oz.
- Pip price (USD/LOT)
- 10.00
- Islamic acc fee (short)
- -2.65
- Islamic acc fee (long)
- -5.83