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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.
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Trade gold on
industry-leading prices

Access spot FX pairs, CFDs, futures, options and ETPs, and implement your gold-trading strategy with Saxo.

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Market-leading prices

Tight spreads and low commissions across all our gold-trading products, with additional discounts as your volume increases.

Trading flexibility

Our range of instruments enables you to go long or short, trade on leverage, hedge or take a long-term view on gold.

Daily news and analysis

Our commodity analysts provide expert insights and commentary on gold prices and market- moving factors.

Award-winning platforms

Fast and reliable access to the markets from your phone, tablet, laptop or multi-screen desktop set-up.

Industry-leading gold prices

However you choose to trade, we offer you tight spreads
and low commissions, which get lower as your volume increases.

Swipe left or right for more
ClassicPlatinumVIP
  XAUUSD0.100.090.08
  GC:xcmeUSD 6USD 3USD 0.85
  OG:xcmeUSD 6USD 3USD 0.85
  XAUUSD*1.601.431.31
  Gold CFD0.60.550.5
  GLD Spyder Gold Trust0.01 USD/share (min. USD 9.90)0.01 USD/share (min. USD 7)0.01 USD/share (min. USD 3)

*30 day at-the-money spreads for XAUUSD OTC options.

Six ways to trade gold with Saxo

Use leverage to trade on the price of gold against 12 currencies – including the US dollar, euro, yuan and Swiss franc – and silver.

Trade over-the-counter (OTC) XAUUSD options to express an opinion on the underlying spot price of gold or take a view on its volatility

Express a view on gold price movements, with direct market access to deep liquidity pools for exchange traded futures contracts listed on COMEX.

Hedge your portfolio, make a limited-risk directional trade or take advantage of volatility, with a range of gold futures options available on COMEX.

Go long or short with gold CFDs tracking futures contracts, using a leverage ratio that suits your risk appetite.

Track the performance of gold with a range of ETFs and ETCs derived from the price of the underlying commodity on physical or futures markets.

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Get the latest news on gold

Find out what’s moving gold and commodity markets, with expert insights from our in-house team of analysts – the #SaxoStrats.
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    Commodities

    What next for gold after hefty reaction to FOMC meeting

    Ole Hansen
    Gold suffered its biggest drop in five months yesterday after the FOMC signaled it would speed up its expected pace of policy tightening. Being the most interest rate and dollar sensitive commodity the yellow metal suffered as the dollar and US real yields both reached two-month highs. Looking ahead continued dollar strength will pose a challenge while gold should be able to withstand rising yields as long it is driven by rising inflation expectations.
    Podcast

    Podcast: Time to smell the coffee: the Fed tightening cycle has begun

    Saxo Market Call
    Markets were surprised at the scale of the adjustment to the Fed policy forecasts in yesterday's FOMC meeting and treasury yields backed up steeply, spooking risk sentiment and taking equities lower, gold sharply lower and sending the USD spiking sharply to the upside. We look at the effect of this meeting across the fixed income space, also in Europe, and whether the move sticks, the implications for equities, which seem slow to accept what is going on here, and interesting signals from US homebuilder Lennar on its pricing power. On today's pod were Althea Spinozzi on fixed income, Peter Garnry on equities and John J. Hardy hosting and on FX.
    Macro

    Market Quick Take - June 17, 2021

    Saxo Strategy Team
    The FOMC meeting surprised markets as the median Fed forecast for the rate path drifted well into 2023, while the economic forecasts for inflation were revised sharply higher for this year and only very modestly higher for 2022 and 2023. In reaction, the US treasury market reacted strongly with a steep sell-off, the USD rose sharply, and risk sentiment soured somewhat less dramatically.
    SaxoStrats Thumbnail
    Podcast

    Podcast: It’s FOMC day - last chance to avoid the summer doldrums?

    Saxo Market Call
    Today we preview a possibly pivotal FOMC meeting if the Fed decides it is time to surprise the market on the hawkish, while we also recognize the risk that the meeting may do little to jolt this market. We also look into likely drivers of the sharp weakness in Chinese mainland shares, Oracle dropping after earnings, Gilts after a much hotter than expected CPI reading this morning, oil and copper and more. On today's pod were Peter Garnry on equities, Althea Spinozzi on fixed income, Ole Hansen on commodities and John J. Hardy hosting and on FX
    AP

    Award-winning trading platforms

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    The award-winning, multi-device SaxoTraderGO partners seamlessly with SaxoTraderPRO, our professional-grade platform for advanced traders.

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    Benefit from integrated Trade Signals, newsfeeds, live charts with 50+ technical indicators and innovative risk-management tools.

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    Access live charts with 50+ technical indicators, plus a range of drawing and annotation tools.

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