01 · Real yields
Understand the rate backdrop
The relationship between nominal rates, inflation expectations and real yields is often part of the metals discussion.
Precious metals
Gold through the macro lens.
Gold and silver give traders a focused way to follow the interplay of real yields, currency strength and changing risk sentiment.
Keep the market narrative clear: this page separates metal reference prices from the macro inputs that can shape the broader conversation.
GoldXAUUSD
SilverXAGUSD
Live focus
Gold — the market, right now
Reference price for the most-watched instrument on this page. Scrub the chart, switch ranges, and open the account terms before you trade.
LIVEGold · XAUUSD
Gold · XAUUSD$—
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Trading session
Gold and silver trade around the clock on weekdays, following the global metals sessions.
Account conditions
The terms behind every order.
Conditions shared across IUX account types. Instrument-specific pricing, swap and margin figures live in the account terms.
from 0.0 pips (variable)
Raw Account spreads
$7 per lot
Raw commission
up to 1:3000
Maximum leverage
Market execution
Execution type
from 0.01
Micro lots
20% · 40%
Stop out · Margin call
Spreads are variable and can widen in volatile or thin markets. Leverage amplifies both gains and losses. Figures per the published IUX account comparison.
Market framework
A clearer way to read the market context.
This is an educational framework, not investment advice. Use it to organize the question before considering an instrument, its terms and your own risk limits.
02 · Currency context
Watch the dollar alongside the metal
Gold and silver are commonly discussed with currency conditions in view, so the price is best read in its wider macro setting.
03 · Risk sentiment
Separate signal from noise
Periods of uncertainty can change the attention paid to metals. Keep risk management and product terms in the decision process.
Reference price feed
Reference metals board
Gold and silver reference prices are shown when the price feed is available. Product terms apply before an order is placed.
Checking live reference feed…
| Instrument | Price | Change |
|---|---|---|
XAUUSD Gold | — | — |
XAGUSD Silver | — | — |
Metals trading hours and pricing conditions vary by instrument and region.
Common questions
Gold & metals — asked and answered.
What is XAUUSD?+
XAUUSD is the spot gold price quoted in US dollars per troy ounce — the global reference for gold. On IUX you trade it as a CFD: long or short, without owning or storing physical metal.
What moves the gold price?+
US interest-rate expectations, real yields, the strength of the US dollar, inflation data and safe-haven demand during geopolitical stress. Major releases like US CPI or Fed decisions can move gold sharply within minutes.
What are the trading costs for gold?+
On a Raw Account, spreads start from 0.0 pips (variable) with a fixed $7-per-lot commission; Standard and Pro use spread-only pricing. Spreads are variable and widen in volatile or thin markets.
Can I trade silver too?+
Yes — XAGUSD (spot silver) trades alongside gold with the same account terms. Silver typically moves with gold but with higher volatility.
Where can I see the live gold price right now?+
The Gold price today page shows the live spot price per ounce, gram and kilogram, converted to your local currency, with an interactive chart from one day to one year.
Continue exploring
Each market has its own page.
Return to the overview, or move directly into the next market without losing the distinction between asset classes.