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Updated 2026-08-15

Reading the Gold Quote · FxPro UAE — FxPro United Arab Emirates 2026

Why a metal spread in points is not comparable to a currency pair until both are converted into money per lot.

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Min deposit $100  ·  Up to 1:200  ·  Rating 4.6/5

You can trade gold at FxPro as a CFD on spot XAU/USD, long or short: from 2.5 pips (Standard), up to 1:200 leverage, 1 lot = 100 troy ounces, $100 minimum deposit, on MetaTrader 4, MetaTrader 5, cTrader, FxPro Edge. The exact conditions and today’s price are below.

Trading gold (XAU/USD) at FxPro — key facts

Gold trading at FxPro
InstrumentSpot gold · XAU/USD (CFD)
Spread fromfrom 2.5 pips (Standard) or 1.0 pip on Raw+
CommissionNone on Standard; about $3.50 per lot per side on Raw+ / cTrader
Max leverageUp to 1:200 (from 0.5% (at 1:200 leverage))
Contract size1 lot = 100 troy ounces
Minimum trade0.01 lots (1 ounce)
DirectionLong or short (buy or sell)
PlatformsMetaTrader 4, MetaTrader 5, cTrader, FxPro Edge
Minimum deposit$100
Overnight swapOvernight swap applies (triple on Wednesday); swap-free on eligible Islamic accounts
Trading hoursSun 23:00 – Fri 21:00 GMT, with a short daily break

Indicative conditions for trading gold as a CFD at FxPro in the United Arab Emirates. Spreads, commission and margin are variable — confirm the live figures in your platform before trading.

Spot gold · XAU/USD$4,375.94▲ +25.59 (+0.59%) today
$4,394.7024h high
$4,311.2424h low

As of 2026-08-14 20:00 UTC · indicative spot price (interbank reference) — not FxPro’s quote

Gold price range & volatility

PeriodSpot gold range (XAU/USD)
Last 30 days$3,992.09 – $4,401.65
Last 90 days$3,992.09 – $4,553.51
Last 12 months$3,992.09 – $4,553.51

30-day volatility is about 22.2% annualized — gold moves enough to matter for position sizing and stop placement. Range figures are an interbank market reference, not FxPro’s quotes.

What’s moving gold today

Gold is trading around $4,375.94 per ounce and is up today. In the news over the past 48 hours, the conversation around gold is led by Inflation / CPI, US dollar, Fed & interest rates.

Inflation / CPI

Bullion is priced by weight and purity, and no consumer index changes either of those, only what they are worth.

US dollar

Vaulted metal is bought and sold in dollars whichever country the vault happens to be in.

Fed & interest rates

London sets a benchmark price twice each day, and a policy announcement can leave the afternoon fixing well away from the morning one.

Bond yields

Metal in custody costs a storage fee, so the comparison with a coupon starts from a negative number.

Central-bank buying

Reserve bars are held to a recognised good-delivery standard, which is why they move between vaults without being re-assayed.

Based on 38 gold-related stories in the last 48 hours via africanminingmarket.com, english.nepalnews.com, finance.yahoo.com. This is neutral market context, not a forecast, recommendation or financial advice.

How to trade gold with FxPro in the United Arab Emirates

You can trade gold at FxPro as a CFD on spot gold (XAU/USD), going long or short without owning the metal. Gold sits in FxPro's metals range alongside silver and is available on MetaTrader 4, MetaTrader 5, cTrader and the FxPro Edge platform. Spreads on gold start from about 2.5 pips on the spread-only Standard accounts, or from roughly 1.0 pip on Raw+ and cTrader accounts where a commission applies instead. Leverage runs up to 1:200 (margin from about 0.5%), one standard lot of gold is 100 troy ounces and you can trade from 0.01 lots, the minimum deposit is $100, and positions held overnight are subject to a swap (triple on Wednesday; swap-free on eligible Islamic accounts). Gold trades nearly around the clock on weekdays. Spreads and margins are variable, so check the live figures inside your FxPro platform before trading.

Trade gold with FxPro →

What gold costs to trade at FxPro

The main cost of trading gold is the spread — the gap between the buy and sell price — plus any commission on raw-spread accounts and the overnight swap if you hold a position past the daily rollover. FxPro’s indicative gold spread is 2.5 pips on Standard accounts and 1.0 pips on raw-spread accounts (where a commission applies instead). Spreads are variable — see our full FxPro spreads breakdown for the latest figures.

Real measured gold conditions (Raw+)

First-hand numbers from FxPro’s own MetaTrader 5 Raw+ feed — the spread, all-in cost, contract specs and overnight financing you actually trade on, not a marketing figure.

MeasureXAU/USD on Raw+ (measured)
Typical spread15 pips (stable: min 15, p90 19 over 893,080 ticks)
All-in cost / lot$22.00 ($15.00 spread + $7.00 commission)
Contract size100 oz per lot (0.01 lot = 1 oz)
Min / max order0.01 / 500 lots
Tick value$1.00 per 0.01 move, per lot
Min stop distance0 points (place stops and limits at any distance)
Holding gold overnight isn’t free. On Raw+, a long XAU/USD position is charged about −$67.90 per lot per night (about −5.66% a year); a short earns about +$27.00 per lot per night (about +2.25% a year). Triple swap is applied on Wednesday night. On multi-day gold trades this financing can outweigh the spread — price it in (full swap rates).

Order execution measured on gold (real market orders):

Order sizeAvg fillAvg slippageFails
0.01 lot83 ms5.667 pts0
0.1 lot141 ms-4.333 pts0
1.0 lot83 ms9.667 pts0

Small sample (a few round-trips per size); slippage rises with order size. Indicative.

Gold volatility and weekend risk (measured)

MeasureXAU/USD (measured)
Avg daily range9410.9 pts (~$94.11)
Annual volatility25.55%
Avg weekend gap2022 pts (~$20.22)
Cost to hold long 30 days$2,059 (spread + swap)
Spread vs reference

Average daily range and annualised volatility over the last two weeks; the weekend gap is the average Friday-to-Monday jump — gold can travel a long way while the market is shut, so size weekend exposure with that in mind. ‘Spread vs reference’ compares our measured gold spread with an independent interbank reference feed.

Gold spread through the trading day

Gold holds its typical 15-pip spread through the main London and New York hours, then balloons around the daily 00:00 server rollover — the sparkline shows the 24-hour shape.

SpreadWhen (server / GST)
Tightest15 pips08:00 (18:00 GST)
Widest35.5 pips00:00 (10:00 GST)
Worst spike175 pips00:00 (10:00 GST)

Average pip spread by FxPro server hour over the last 24 hours. The rollover window is the one to avoid for gold — the spread there runs several times the daytime level. Hours are server time (about UTC+3); GST in brackets.

Which side of the gold quote your order lands on

A gold order is never filled at “the price”. A buy is filled on the upper side of the quote and closed on the lower one; a sell does the reverse. That is why a freshly opened metal position shows a small loss before the market has moved at all — the distance between the two sides has already been crossed once.

The second crossing happens at the exit. Planning a metal trade around a single line on the chart quietly leaves that second crossing out of the arithmetic, and on a short hold it is the larger half of what the trade cost.

The line the chart draws, and the one it hides

By default a MetaTrader chart draws only the lower side of the metal quote. The upper side moves in parallel a spread away and stays invisible until the Ask line is switched on in the chart properties.

This matters more at the exit than at the entry. A protective order on a long gold position is triggered from the lower side; on a short it is triggered from the upper one. A short can therefore be closed by a level the drawn candles never reached.

Points, ounces and the two sides expressed in money

Gold is quoted in points rather than pips, and one contract is a fixed number of ounces, so the distance between the two sides only becomes comparable with a currency pair once it is expressed in money per lot.

Do that conversion before deciding a metal spread is wide. Points and money per lot rank instruments in different orders, and only the second one is the amount that actually leaves the account.

Where gold sits in the symbol list

Gold is one line in the metals group of the account’s symbol list, alongside silver and the other metals. A fresh Market Watch shows a short default selection, and the metal is often not in it until the full list is opened and the symbol added by hand.

Naming is worth checking once. In most symbol lists the metal appears in its currency-pair form rather than under the everyday word for it, and searching the wrong string is the usual reason a trader concludes it is not offered at all.

Keeping the metals watchlist short

The full catalogue is far longer than anyone follows, and metals are a small part of it. A workable watchlist is built by subtraction: keep the metal you trade, keep the one instrument that moves it, and drop the rest until there is a reason to add them back.

A short list pays off at the quote level too. With the spread column switched on, four or five rows can be read at a glance and a widening on any of them is visible immediately, instead of being buried in hundreds of lines nobody scrolls.

Sizing a metal position from the specification

The contract size for the metal is a fixed number of ounces and the volume step decides the smallest position that can be taken. Both are properties of the symbol rather than of the chart, and both are read in the specification window before anything is sized.

With those two written down, the distance between the quote sides converts into money in a single multiplication. The cost of an entry, the cost of a night and the value of a target are all arithmetic standing on the same two fields.

The metals group moves as a block

Metals sit together in the symbol list for a reason: they are priced in the same currency and they respond to the same things. What pushes the two sides apart on one of them usually pushes them apart on the others within the same minute.

That makes a second metal worth keeping on the watchlist even if you never trade it. It works as a control — a widening visible on both is about the session, a widening on only one is about that instrument.

When the two sides drift apart

The gap between the sides is not constant through the day. It narrows when the book is deep and widens around the daily rollover, through the thin hours and into scheduled announcements — the same pattern the hourly table above records.

Knowing when the gap is wide is more useful than knowing its average. An entry placed into a wide window pays for it at both ends, and no amount of averaging afterwards gives that back.

Setting gold up so both sides of the quote are visible

  1. Open the full symbol list in the terminal and add the metal from the metals group to Market Watch.
  2. Right-click Market Watch and switch on the spread column, so the distance between the two sides is a number you read rather than one you calculate.
  3. Open the chart properties and enable the Ask line, so the upper side is drawn next to the lower one.
  4. Note the contract size and the volume step from the symbol specification before sizing anything.
  5. Write down which side each of your orders will use — entry, stop and target are not all on the same one.
  6. Convert the spread from points into money per lot once, and keep that figure next to the plan.
  7. Trim Market Watch back to the handful of symbols you actually follow.

The specification window in your own terminal is the reference for every field above: it shows the current version, which is the whole point of reading it there.

Which side of the gold quote each order uses

OrderSide it usesPractical effect
Market buyUpper sideOpens showing the spread as an immediate cost
Market sellLower sideOpens on the drawn line, closes on the hidden one
Stop-loss on a longLower sideTriggered by the line the chart already draws
Take-profit on a longLower sideThe drawn line has to reach the level, not the hidden one
Stop-loss on a shortUpper sideCan trigger at a level the candles never printed
Buy limit or buy stopUpper sideActivates from the hidden line above the chart
Sell limit or sell stopLower sideActivates from the drawn line

Standard MetaTrader behaviour; the symbol specification lists the minimum distance an order is allowed to sit from the current price.

What each field of the metal quote is telling you

FieldWhat it meansWhich side it belongs to
BidThe price a sell is filled at, and a long is closed atLower side
AskThe price a buy is filled at, and a short is closed atUpper side
Spread columnThe live distance between those two pricesBoth, as a difference
Contract sizeOunces in one lot, taken from the specificationSide-independent
Volume stepThe smallest increment that can be tradedSide-independent
Swap long and swap shortFinancing per night, quoted per directionWhichever side you entered on

Frequently asked questions

Which side of the gold quote does a market buy use?
The upper one. The position then closes on the lower side, which is why it opens showing the spread as a cost.
Why does a gold position show a loss the moment it opens?
Because the two sides of the quote are a distance apart and opening the position crossed that distance once.
Does the gold chart show both sides of the quote?
Only the lower one by default. The upper side is drawn once the Ask line is enabled in the chart properties.
Why did a short gold position close at a price the chart never showed?
Protective orders on a short are triggered from the upper side, and that is not the line the candles draw.
Which side triggers a stop-loss on a long gold position?
The lower side, the same line the chart draws by default.
How do I find gold in the symbol list?
Open the full list, look in the metals group and add the symbol to Market Watch; it is listed in its currency-pair form.
What else sits next to gold in the metals group?
Silver and the other metals the account carries. The group is a small part of a much longer catalogue.
How do I convert a gold spread in points into money?
Multiply by the contract size from the symbol specification; that is the only way to compare it with a currency pair.
Can I see the distance between the two sides without arithmetic?
Yes. Switch on the spread column in Market Watch and it is displayed per symbol.
How short should a metals watchlist be?
Short enough to read in one glance. Most weeks are spent on a handful of symbols, not on the whole catalogue.
Does the measured reading promise my next fill?
No. It records what the feed showed over a period; the next fill happens at whichever side of the quote is available at that moment.
Which field is the price a sell is filled at?
The bid, the lower of the two prices. A long position is closed at the same one.
Why keep a second metal on the watchlist?
As a control. A widening visible on both is about the session; a widening on only one is about that instrument.
When is the distance between the two sides widest?
Around the daily rollover and through thin hours, which is what the hourly table on this page records.
What do I need before sizing a metal position?
The contract size and the volume step from the symbol specification. Everything after that is arithmetic on those two fields.

Reviews

Gold traders are mostly happy here — they like being able to trade XAU/USD straight off the same platforms and rate the fees fair for it. The recurring gripe matches the spreads page: the gold spread can widen noticeably at quiet hours, so a few say check it before you size up. Net: a popular market to trade at FxPro, just trade it when liquidity is there.

★★★☆☆
FxPro is very Okay. I have been with them for some time now. Their spread on currencies and Oil is very competitive but their spread on Gold is horrible ranging between 30pips to 45 pips in…
— Sammy2024-07-09
★★★★★
Gold has still been pumping last few month, despite everrything that happened... Loving the fees, and love how I can just long it with x200 and be rewarded for it.
— Omar V.2024-12-28
★★★★★
Gotta say this place is pretty serious, they don't play around... Trading gold jere and the spreads are super tight on it, enjoiying my scalping🤏
— Luca R.2025-01-30

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