The percentage of IG client accounts with positions in this market that are currently long or short. Calculated to the nearest 1%.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.
Minimum size 0.05
Contract size USD 10
One Pip means 1
Value of one Pip USD 10 (GBP 7.36)
Minimum stop distance 6
Minimum guaranteed stop distance 10
12:00 - 10:00 (Australian - Melbourne Local Time)
Your aggregate position in this market will be margined in the following tiers:
|1||0 - 86.5 Contracts||600.0|
|2||86.5 - 230.7 Contracts||799.8|
|3||230.7 - 346 Contracts||2400.0|
|4||346 + Contracts||4800.0|
If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.
Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.
Other positions taken by clients trading this market
Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.
This is calculated to the nearest 1%.
Discover opportunity in-platform
Discover opportunity in-app
Open a demo account to stay on top of commodity movement and important events.
Analyse commodity price action on charts with live and historical data, available for as long as you need
Identify the right time to trade on commodities and more, with free technical signals
Be notified when a commodity changes an amount, hits a level or fulfills your technical conditions
Trade gold, silver and more with continuous charting and no monthly expiries
More from IG:
Gold spreads from 0.3 points, continuous charting and greater profit and loss transparency. Find out more about why you should trade commodities with IG.
Discover why so many clients choose us, and what makes us Australia's No.1 provider of CFDs.1
Improve your trading skills by working through interactive courses on the IG Academy app.