High: 3149.7
Low: 3005.5
The percentage of IG client accounts with positions in this market that are currently long or short. Calculated to the nearest 1%.
Minimum size 0.13
Contract size USD 50
One Pip means 1 Cents/Troy Ounce
Value of one Pip USD 50 (CHF 44.37)
Margin 2%
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 | 2% |
2 | 22 - 44 Contracts - USD | 4.5% |
3 | 44 - 66 Contracts - USD | 8% |
4 | 66 + Contracts - USD | 9% |
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 Bank?
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%.
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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)