The instruments and their indicative prices.
Prices come from the catalog or the live feed; the trading price appears in SuperTrader.
- XAU/USDGold / US Dollar4,085.40
- XAG/USDSilver / US Dollar50.820
- XPT/USDPlatinum / US Dollar1,582.50
- XPD/USDPalladium / US Dollar1,124.80
- COPPERCopper5.2100
Prices are indicative.
5 instruments here, the whole metal class in the platform. 8 markets and 1,250+ instruments, in one account.
All metal instruments
How the metals market works.
Gold, silver, platinum, palladium and copper; no delivery, only the price difference.
Ounce and dollar
Precious metals are priced in US dollars per ounce: XAU/USD is the dollar price of one ounce of gold. A stronger dollar often weighs on metal prices.
Precious and industrial
Gold, silver, platinum and palladium are precious metals; copper is an industrial one. The first group moves with rates and uncertainty, copper with production and construction.
What moves the price
Rate expectations, inflation, the dollar's direction, central bank buying and geopolitical news. Silver and platinum also follow industrial demand.
Hours
Metal CFDs follow the hours of the futures markets they track; there may be a short break during the day. The hours are in the instrument details.
Cost
The gap between the sell and buy price shows before the order. A position held overnight carries a financing charge; the amount is in the instrument details.
No delivery
A CFD closes on the price difference only: you take no bullion and pay no storage. The margin a position needs shows before you confirm.
The dates that move this market.
The events on the economic calendar that touch this class's price the most.
Rate decisions
When rate expectations fall, gold, which pays no yield, draws interest; decision days move the metals.
Inflation data
Inflation affects the demand for gold as a store of value, the dollar's direction and so the ounce price.
Industrial output
Production and purchasing managers' data from the big economies show the demand side of copper, silver and platinum.
Frequently asked questions
Why is gold priced in US dollars?
Gold is priced in US dollars on the international market, so changes in the dollar's value can also move the gold price.
Is there physical delivery on a metal CFD?
No. A CFD closes on the price difference only; you never take delivery of bars or metal.
Why does copper count as an industrial metal?
Copper goes into cables, construction and electric vehicles. Its price moves with industrial output and inventory data.
The call is yours.
No rush. The prices and the terms are here; when you are ready, sign-up is in the secure client area.