Trade Gold - XAU CFD
$4067.11
-0.96% (-39.42)
XAU Price Chart
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*Past performance is not an indication of future results
High: 4068.61
Low: 4016.26
Trader sentiment:
Sellers: 21.0%
Buyers: 79.0%
Market trading hours
Open now
Sun 22:05 - Fri 20:59 · Break 21:00 - 22:00
What is Gold?
Gold is a precious metal and safe-haven asset traded globally, valued for its role in jewellery, central bank reserves, and as a hedge against inflation and currency weakness. Its price is shaped by layered forces: broad drivers such as US Federal Reserve rate decisions and broad US Dollar strength, as tracked by the US Dollar Index, set the overall trend, while central bank buying, geopolitical risk events, and jewellery demand from markets such as India and China add further pressure. Traders follow gold for three main reasons: its long history as a store of value during currency debasement, its low correlation with equities during market stress, and the deep liquidity of its global spot and futures markets. In January 2026, gold broke above $5,000 an ounce for the first time and set a new all-time high near $5,589 on January 28, driven by escalating US-Iran tensions and a weakening dollar, before correcting sharply as interest-rate expectations shifted in the following months.
Trading Conditions
- Minimal Spread
- 0.68
- Typical Spread
- 0.9008
- Overnight funding swap buy
- -0.01525%
- Minimum trade size / value
- 0.37 Units
- Commission
- 0%
- Max Leverage (1/margin%)
- 1:200
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How it works
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Deposit
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Frequently asked questions
What are gold trading hours?
Gold trades almost around the clock on weekdays, following global spot and futures markets with only brief daily pauses. Liquidity tends to be strongest when major sessions overlap.
Is gold volatile?
Gold is generally less volatile than silver or platinum but can still move sharply around central bank decisions, inflation data, and geopolitical shocks.
What advantages does iFOREX offer for gold trading?
iFOREX offers real-time pricing, flexible order types, and access to gold alongside other commodities and asset classes from a single account.
What is gold?
Gold is a precious metal traded as a global commodity and held as a store of value. It is used in jewellery, central bank reserves, and electronics, and is widely viewed as a hedge against inflation.
How do you trade gold?
Gold is typically traded via CFDs, futures, or ETFs that track its spot price rather than through physical delivery. CFD trading allows exposure to price moves in either direction without owning the metal.
What is the best time to trade gold?
The best time to trade gold is usually when major markets overlap, such as the London and New York sessions, when liquidity and price activity tend to be highest.
How does the US Dollar affect gold prices?
Gold typically moves inversely to the US Dollar, since it is priced in dollars globally. A weaker dollar tends to make gold cheaper for holders of other currencies, often supporting demand.
How does inflation affect gold prices?
Gold is widely used as an inflation hedge, since investors turn to precious metals to preserve purchasing power when the value of paper currency comes under pressure.
What role do central banks play in the gold market?
Central banks are major gold buyers, and shifts in their purchasing pace, particularly from institutions such as the People’s Bank of China, can meaningfully influence global demand and price trends.
How does gold compare with other safe-haven assets?
Gold is one of several assets, alongside instruments like government bonds and the Japanese yen, that investors turn to during market stress, though its correlation with equities is typically lower.
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