Trade Gold

Start trading gold today, with Switch Markets

What is Gold Trading?

Gold trading with Switch Markets means trading gold via CFDs, allowing you to speculate on price movements without owning or taking delivery of physical gold. Trade long or short with leverage through MetaTrader 4 or MetaTrader 5.

Open Account

XAUUSD chart by MQL5

Past performance is not a reliable indicator of future results

XAU/USD

Gold vs US Dollar

In the last 12 months gold has increased by +64.5%

Why Trade Gold CFDs?

Trading gold through CFDs (Contracts for Difference) allows you to speculate on gold price movements without owning the physical metal, making it accessible and cost-effective.

With CFDs, you can trade both rising and falling markets, giving you opportunities regardless of market direction. You can go long if you expect gold prices to rise, or go short if you anticipate a decline.

Gold CFDs also offer leverage, meaning you can control a larger position with a smaller initial investment. This amplifies both potential profits and losses, so proper risk management is essential.

Start Trading Gold

Why Trade Gold With Switch Markets?

Get fast execution, tight spreads and transparent pricing on gold CFDs, plus access to the powerful free trading tools to help you trade smarter.

Low spreads

We offer low and competitive spreads on gold, ensuring you get the best value when trading. Our trading costs are minimal, making it more affordable to trade efficiently.

0% commission account

Trading gold comes with zero commission, no deposit or withdrawal fees, and no inactivity fees, helping you keep more of your profits without unnecessary costs.

Free Trading Tools

With us, you get a variety of free trading tools, including AlgoBuilder, PineConnector, Trackatrader, and Expert Advisors (EAs).

High leverage ratio

We offer gold traders high leverage of up to 1:500, allowing greater flexibility and trading potential.

Trading accounts

You can choose from a wide range of account options to suit different trading needs, including Cent, Standard, ECN, Islamic, VIP, and PAMM accounts.

Start with as little as $50

Start trading gold with as little as $50, with no deposit or withdrawal fees and access to a wide range of convenient payment methods.

Open Account

Key Factors That Affect Gold Prices

Geopolitical Tensions

Gold is often seen as a safe-haven asset during times of political uncertainty, wars, or economic crises. Increased geopolitical tensions typically drive gold prices higher as investors seek stability.

Inflation and Interest Rates

Gold is traditionally viewed as a hedge against inflation. When inflation rises and interest rates fall, gold becomes more attractive compared to interest-bearing assets, pushing prices up.

Supply and Demand

Physical gold supply from mining operations and recycling, combined with demand from jewelry, technology, and investment sectors, directly impacts gold prices.

Seasonality

Gold demand often increases during certain periods, such as wedding seasons in India and China, and year-end holiday shopping, which can influence short-term price movements.

U.S. Dollar Strength

Gold is priced in U.S. dollars, so there's typically an inverse relationship. When the dollar weakens, gold becomes cheaper for holders of other currencies, increasing demand and prices.

Start Trading Gold In 3 Easy Steps

1

Open Account

2 Deposit Funds

Make min. deposit of €48 using any of our deposit methods.

3

Start Trading

Trade instantly with tight spreads and zero commission.

Trade 1,000's of Global Markets

Fast Deposits & Withdrawals

0% Commission Accounts

24/7 Human Customer Support

Advanced Free Trading Tools

Open Account

Live Gold Market Analysis

Stay updated with our expert analysis and live market coverage. Our team provides regular insights on gold price movements, technical analysis, and trading opportunities.

Gold & Silver - what's happening in the markets today?

Breaking News impacting the markets today

LIVE

Trade gold alongside our Market Analysts, daily

Start trading precious metals with confidence

High Liquidity and Global Demand

Opportunities in Both Rising and Falling Markets

Strong volatility making it appealing to day traders and swing traders

Easier to trade gold via CFD than handle the commodity itself

What is a Contract for Differences (CFD)?

A contract for differences (CFD) is a financial agreement where investors exchange the difference in value of an asset between when the contract opens and closes.

CFD investors speculate on price movements without owning the underlying asset, allowing for potential profits from both rising and falling markets.

Advantages of CFDs include lower capital requirements through leverage, global market access, no shorting restrictions, and flexible trading options.

Trade Gold On The Most Powerful MetaTrader Platforms

Trade with the world's most popular trading platforms - on any device.

Open Account Download MT5 Here

Seize The Golden Opportunity With Confidence

Join thousands of savvy traders capitalizing on one of the most exciting precious metals markets in history. There's never been a better time to add gold to your trading portfolio.

Open Account

FAQs

Everything you need to know about trading gold with Switch Markets.

What is the difference between gold spot and gold future contracts?

The main difference between gold spot and gold futures contracts lies in timing and settlement. Gold spot refers to the current market price for immediate delivery of gold and reflects real-time supply and demand, making it popular for short-term trading and CFDs. Gold exchange traded futures contracts, on the other hand, are standardized contracts traded on exchanges - such as the CME US futures market, the Shanghai Futures Exchange, or the London Metal Exchange - that agree to buy or sell gold at a predetermined price on a specific future date, and they are often used for hedging or longer-term speculation. Gold futures prices also factor in storage, financing costs, and expectations about future market conditions, which can cause them to trade at a premium or discount to the spot price.

What are the different ways to trade gold?

There are several popular ways to trade gold, each suited to different trading styles and risk preferences. The main methods include gold futures, which allow traders to speculate on gold prices through standardized contracts; CFDs (Contracts for Difference), which let you trade gold price movements with leverage without owning the asset; gold ETFs (Exchange Traded Funds), which track the price of gold and are traded like stocks; and gold stocks, which provide indirect exposure by investing in companies involved in gold production. Each approach offers different levels of risk, cost, leverage, and time commitment, making it important to choose the one that best fits your trading goals.

Is gold trading suitable for beginners?

Yes, gold trading is generally suitable for beginners because it is one of the most widely followed and liquid markets, with clear price drivers such as inflation, interest rates, and geopolitical events. Gold often respects technical levels well, making it easier for new traders to analyze charts and manage risk, and it can be traded in both rising and falling markets through instruments like CFDs. However, beginners should be mindful of gold's volatility, use proper position sizing, and apply stop-loss orders to avoid large losses while learning.

What is the minimum amount needed to start trading gold?

You don't need a large amount of money to start trading gold - the exact amount depends on how you trade it and your risk management. With CFDs, many brokers allow you to start trading the commodity markets with as little as $100–$500, because you trade using margin rather than paying the full value of gold. However, a more practical starting balance is usually $1,000–$2,000, which gives you enough flexibility to manage risk properly, place stop-loss orders, and avoid overleveraging. The key isn't the minimum deposit, but ensuring you only risk a small percentage per trade (typically 1–2%) so your account can survive normal market fluctuations.

What is the shanghai gold price benchmark?

The Shanghai Gold Price Benchmark is the official reference price for gold set by the Shanghai Gold Exchange (SGE) in China, quoted in Chinese yuan per gram. It serves as a guide for spot gold trading, contracts, and gold product pricing within the Chinese market. The benchmark is determined based on real-time trading on the exchange and reflects current supply and demand, with the SGE publishing a daily benchmark price similar to the London Gold Fix. While it is primarily used domestically, it has growing influence internationally due to China being the world's largest gold consumer.