CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of Pepperstone Limited’s retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Risk Warning.

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Trading Gold and Silver

Posted on: 08 May 2015 , by: Pepperstone Support , category: About Trading

Pepperstone offers four precious silver and gold crosses on our MetaTrader4 platform. Gold and silver are traded against both the US dollar and euro, and are traded in a similar way to any other currency pairs on the platform.

Gold

XAU/USD is a spot commodity pair based on the physical price that gold can be bought or sold at a particular point in time. Influenced heavily by supply and demand, as well as US Dollar risk, spot gold is a volatile yet increasingly popular commodity available within the interbank market.

Silver

XAG/USD is a spot commodity pair based on the physical price that silver can be bought or sold at a particular point in time. Given silvers common use in jewelry and consumer products, supply and demand heavily influence movements in this pair.

Advantages of trading Gold and Silver though Pepperstone

  • Access to institutional grade spreads and trade execution
  • Minimum trade size of $0.10 per pip
  • A maximum leverage of 500:1
  • No commission fees on commodity pairs
  • The ability to hedge positions on a single account
InstrumentMinimum trade sizeMargin requirement from as low asSpreads fromContract size per standard lotSession times
XAUUSD
XAUEUR
0.01AUD $3.810.04100 ounces01:00 to 23:59 (GMT+3)
XAGUSD
XAGEUR
0.01AUD $2.600.045000 ounces01:00 to 23:59 (GMT+3)