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CFDs are complex instruments. 72% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. CFDs are complex instruments. 72% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

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Spot Silver (5000oz)

(SIL)

Spot Silver (5000oz) chart This market's chart. This is a visual representation of the price action in the market, over a certain period of time. You can use this to help gauge a market’s performance.

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3097.4
3099.4
46.9pts (1.54%)

High: 3109.0

Low: 3045.0

81% of client accounts are long on this market

The percentage of IG client accounts with positions in this market that are currently long or short. Calculated to the nearest 1%.

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  • Costs and details
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Minimum size 0.50

Contract size USD 50

One Pip means 1 Cents/Troy Ounce

Value of one Pip USD 50

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.
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Why IG?

Gold spreads from just 0.3 points

Continuous, backdated commodity charting

Wide range of energies, metals and softs

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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%.

Spot Gold
Oil - US Crude
US 500
US Tech 100

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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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Identify the right time to trade on commodities and more, with free technical signals

Three types of alert

Be notified when a commodity changes an amount, hits a level or fulfills your technical conditions

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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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1Based on revenue (published financial statements, October 2023)

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^IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc. IG Group established in London in 1974, and is a constituent of the FTSE 250 index.

The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate. 72% of retail client accounts lose money when trading CFDs, with this investment provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how this product works, and whether you can afford to take the high risk of losing your money.

CFD Accounts provided by IG International Limited. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority.

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