Minimum size 0.03
Contract size USD 0.28
One Pip means 0
Value of one Pip USD 0.28 (CHF 0.25)
Margin 5%
Minimum stop distance 1,000
Minimum guaranteed stop distance 8.0%
Your aggregate position in this market will be margined in the following tiers:
| Tier | Position size | Margin |
| 1 | 0 - 145.45 Contracts - USD | 5% |
| 2 | 145.45 - 290.91 Contracts - USD | 7.5% |
| 3 | 290.91 - 436.36 Contracts - USD | 9.5% |
| 4 | 436.36 + 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.
Expiry date 31/12/24
Last dealing date and time 01/01/25 00:59
Settlement
Last rollover time 01/01/25 00:59
Rollover info
Usually, initial position closed at official closing level of day before last dealing day +/- closing spread; new position in next contract opened at official closing level of the new contract from same day, +/- opening spread.
Why IG Bank?
Gold spreads from just 0.3 points
Continuous, backdated commodity charting
Wide range of energies, metals and softs
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Analyse commodity price action on charts with live and historical data, available for as long as you need
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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
More from IG Bank:
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 Bank.
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1 Based on revenue (published financial statements, 2022)
