Minimum size 0.05
Contract size USD 50
One Pip means 1 Cents/Troy Ounce
Value of one Pip USD 50 (GBP 39.62)
Margin 10%
Minimum stop distance 4
Minimum guaranteed stop distance 8
Your aggregate position in this market will be margined in the following tiers:
| Tier | Position size | Margin |
| 1 | 0 - 22 Contracts - USD | 10% |
| 2 | 22 - 44 Contracts - USD | 10% |
| 3 | 44 - 66 Contracts - USD | 10% |
| 4 | 66 + Contracts - USD | 10% |
If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.
Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.
Why IG?
Gold spreads from just 0.3 points
Continuous, backdated commodity charting
Wide range of energies, metals and softs
Other positions taken by clients trading this market
Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.
This is calculated to the nearest 1%.
Discover opportunity in-platform
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Open a demo account to stay on top of commodity movement and important events.
Analyse commodity price action on charts with live and historical data, available for as long as you need
Identify the right time to trade on commodities and more, with free technical signals
Be notified when a commodity changes an amount, hits a level or fulfills your technical conditions
Trade gold, silver and more with continuous charting and no monthly expiries
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Brent crude oil price drops ahead of OPEC+ meeting, silver price tests resistance an...
More from IG:
Gold spreads from 0.3 points, continuous charting and greater profit and loss transparency. Find out more about why you should trade commodities with IG.
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1Number 1 in Australia by primary relationships, CFDs & FX, Investment Trends November 2023 Leveraged Trading Report.
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