Spot gold from the CoinGecko PAX-Gold tape, falling back to the broker quote on outage. Auto-refreshes every 60 seconds.
Higher Fed rates make non-yielding gold less attractive — and usually push the dollar up. Inverse correlation with rate-hike cycles.
Gold is priced in dollars. A weaker DXY makes gold cheaper for non-USD buyers, lifting demand. Strong inverse correlation.
Persistent inflation pushes investors toward hard assets. Gold tends to bid on hot inflation prints.
Wars, sanctions and currency crises drive safe-haven flows. Gold often gaps higher on weekend headline risk.
Global central banks bought 1,000+ tonnes/year in 2022 and 2023 — a structural floor under price.
Real yields (TIPS) are gold's true competition. Falling real yields = bullish gold; rising real yields = bearish.
Open an XM live account through the 734PT partner code. KYC takes about 5 minutes.
MetaTrader 4 or 5 — MT5 is preferred for gold (better order types and tick data).
Use the lot-size calculator with your account balance and 1–2% risk before clicking buy.
Always set a stop loss. Use the SL/TP calculator to convert pip distance into a price.
XAUUSD is the trading symbol for spot gold against the US dollar. 'XAU' is the ISO 4217 code for one troy ounce of gold. The price is the dollar value of one ounce.
On most brokers (including XM), 1 pip on XAUUSD equals 0.10 in price. So a $1.00 move in gold = 10 pips. With 1 standard lot (100 oz), 10 pips = $100.
Spot gold trades 23 hours a day, Sunday 22:00 GMT to Friday 21:00 GMT, with a 1-hour daily settlement break around 21:00–22:00 GMT.
Fed policy directly affects real yields and the dollar — the two largest drivers of gold price. FOMC days routinely produce $20–$50 moves in gold.
Historically yes — gold preserves purchasing power across decades. In short windows it can be volatile, so it's not a substitute for diversification or risk management.
Long-term gold has averaged ~7% nominal annual return since 1971. It's most useful as a portfolio component, not a sole holding.