Commodities trading

In addition to our vast range of commodity futures, from 18 May we will offer commodities with no expiry points

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Live commodity prices

Markets Bid Offer Updated Change
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Spot Gold
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Spot Silver (5000oz)
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Brent Crude
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US Light Crude
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Natural Gas
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Prices above are subject to our website terms and conditions. Prices are indicative only.

Find a commodity to trade

Use our market finder tool to find news, videos, analysis and data on the commodities you want to trade.

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The new way to trade commodities

From 18 May our new commodity product will enable you to take a cost-effective short-term view on 47 key commodity markets.

The new offering works in the same way as an index CFD or daily funded bet. And just like an index position, you’ll pay a funding charge for holding your commodity position overnight.

As there are no fixed expiries1, we are also able to offer continuous charting on these markets. This means your technical analysis will be available as long as you want it. We have used past data to backdate our charts for the last three to five years, so you can get an accurate historical look.

How do we make our prices?

In the absence of a continuously traded underlying market, we have created an algorithm to derive a price from the forward curve of each commodity. It will automatically calculate and apply day-to-day funding requirements.

  • Lower spreads

    Enjoy the best commodity spreads on the market with no insurance costs, including on gold and oil

  • Increased transparency

    As a continuous stream, your profit/loss will be clearer over the position's lifetime and with a daily funding charge for holding a position overnight, there's no need to close on expiry and open a new position

  • Continuous charting

    Take advantage of technical analysis, available as long as you want, and backdated price charts for the last three to five years

Why trade commodities with IG?

  • Unique range of markets

    Trade CFDs on a wide range of popular and niche metals, energies and softs

  • Sophisticated risk management

    Use our risk management tools to manage your positions even in volatile times

  • Trade commodities on margin

    Trade CFDs to gain full exposure with just a small initial deposit, but remember with leverage comes increased risk

  • Low spreads on popular markets

    Trade on Spot Gold from 0.5 points, Spot Silver from 3 points and US Light Crude from 6 points

Summary of standard spreads

Commodities futures

 

CFDs

Margin requirements

US Light Crude 6.0 20%
Brent Crude 6.0 20%
Chicago wheat 1.0 20%

Commodities

 

CFDs

Margin requirements

Spot Gold 0.4 20%
Spot Silver (5000oz) 3.0 20%
US Light Crude 3.0 20%
Brent Crude 3.0 20%
Chicago wheat 1.0 20%

Open an account now

It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.

Create account

Or test-drive our platform with a free demo account

New to commodities trading?

Commodities are the basic building blocks of the global economy. They are natural resources traded on dedicated exchanges around the world. 

There are two types of commodity – soft and hard. Soft commodities are typically agricultural like wheat or sugar, whereas hard commodities are metals or energies like silver and gas.

The production and consumption of commodities depends on many factors, including:

  • Supply and demand 
  • The weather
  • Economic and political events
  • The US dollar (commodities are normally priced in the US currency)

As a result of all these factors, commodity prices can fluctuate significantly.

How and where commodities are traded

Commodities are traded on a number of exchanges that specialise in particular markets.

Commodities are also generally traded as futures contracts. These are simply agreements to trade an asset at an agreed price and date in the future. This enables you to trade the contracts themselves without ever having to own the underlying asset.

Related links

Watch Sara explain the basics of
commodities trading in less than two minutes

You might be interested in...

  • Low margins

    Our margins are among the lowest in the CFD and spread betting industry

  • MetaTrader 4

    Fully integrated MT4 functionality for fast, reliable trading

  • Trade on the move

    Use our mobile and tablet apps to trade whatever the time, wherever you are

Example: buying spot gold detailed

Buying spot gold: detailed

  CFD
Market and price Spot Gold 1192.41/1192.91
Trade

Buy at 1192.91

Trade size Buy 1 lot (1 lot = USD 100 per point)
Margin required

Margin required is 20% of total exposure = USD 23,858.20

What happens next? Gold rallies more than $10 over the day.
Funding

0.048 x USD 100 = $4.80*

(tom-next rate + 0.3% pa admin fee) x trade size

Close

The market continues to rally and you sell your position to close at 1207.91

Gross profit

USD 1500

1207.91 - 1192.91 = 15

Value per point = USD 100

15 x USD 100 x 1 lot = USD 1500
Costs

0.5 point IG spread (included)

Funding cost = USD 4.80

Net profit

USD 1495.20

What if...

If the market dropped 15 points instead:

USD 1500 + USD 4.80

Net loss = USD 1504.80

 

Example: buying spot gold light

Buying spot gold

  CFD
Market and price Spot Gold 1192.41/1192.91
Trade

Buying at 1192.91

Trade size Buy 1 lot (1 lot = USD 100 per point)
Margin required

Margin required is 20% of total exposure = USD 23,858.20

What happens next? Gold rallies more than $10 over the day.
Close

The market continues to rally and you sell your position to close at 1207.91

Gross profit

USD 1500
1207.91 - 1192.91 = 15

Value per point = USD 100

15 x USD 100 x 1 lot = USD 1500

What if...

If the market dropped 15 points instead:

Net loss = USD 1500

 

Commodities video

Contact us

Our office is open 5 days a week Monday to Friday from 9am to 6pm. Support line is available 24hrs a day Monday to Friday.

+65 6390 5118

Visit our storefront office at 9 Battery Road

You can also email us helpdesk@ig.com.sg