Spot Gold (USD)
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The Global Core of Gold Pricing, Combining Safe-Haven and Trading Value
Spot Gold (XAUUSD), quoted in USD per ounce, is one of the world's most mature and active precious metals trading products. Whether for short-term trading, swing positioning or long-term asset allocation, Spot Gold has long remained at the centre of global capital attention.
- A Core Global Safe-Haven Asset
- Two-Way Trading
- High Liquidity
- Nearly 23 Hours of Trading
Trading Summary
Trade Code
XAUUSDContract Size
100 oz / lotAverage Spread
0.40(floating)Value per Point
1 USDMinimum Trade Size
0.1 lotMaximum Trade Size
10 lotAccount Currency
USDMaximum Position Size
100OrdersBase Margin Ratio
0.5%Position Type
Intraday / OvernightOrder Types
Market, Limit, Take Profit, Stop Loss, Trailing StopPending Order Distance
Must be at least 200 points away from the market priceFor more parameters, special margin rules and swap details, please see the full Trading Rules
Key Factors Affecting Spot Gold (USD)
US Dollar Strength
Gold is priced in US dollars, so a stronger dollar usually weighs on gold prices, while a weaker dollar is generally more supportive of gold.
US Interest Rates and Real Rates
Changes in rate expectations directly affect the cost of holding gold and the logic of capital allocation.
Safe-Haven Sentiment
When geopolitical conflict, financial volatility and systemic risks rise, gold tends to attract more global safe-haven demand.
Gold ETF and Institutional Holdings
Changes in ETF holdings directly reflect institutional appetite for gold allocation.
Inflation Expectations
Gold has long been regarded as an inflation-hedging asset, so rising inflation expectations usually lift market attention.
Central Bank Gold-Buying Trend
Continued accumulation of gold reserves by central banks worldwide reinforces gold's long-term allocation value.
Key Market Signals to Watch
Gold ETF Holdings
Watch whether global institutional capital continues flowing into gold.
US Dollar Index
Changes in the US dollar's direction are an important anchor for short- to medium-term gold fluctuations.
Key US Data and Events
NFP, CPI and the FOMC are key catalysts that can ignite trend moves in gold.
Market Sentiment
Combining long-short positioning, risk events and capital preference helps judge the short-term trading rhythm.
Related Product Linkages
US Dollar Index
The US dollar and gold usually show a strong inverse relationship
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15m
RMB Kilo Gold
Also a gold product, but priced in RMB, making it better suited to observing regional differences in gold pricing
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15m
Spot Silver (USD)
Silver often moves with gold, but with greater elasticity
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15m
Why Trade Spot Gold (USD) with JZ
0.5% Base Margin Ratio
Balancing efficiency with risk boundaries.
STP Execution
STP straight-through processing enables more transparent order execution.
Cross-Platform Trading
JZ Pro, JZ Web Trade and MT5 work together for a more consistent trading experience.