Metals · Spot gold

Trade gold.

The world's oldest safe-haven asset. Trade spot gold against the US dollar, long or short, with tight spreads and leverage up to 1:200.

MetalsLong or shortCFDLeverage
At a glance

Contract details

Symbol
XAU/USD
Typical spread
from 18¢
Max leverage
1:200
Trading hours
≈24/5
About Gold

What is Gold?

Gold has been a store of value for thousands of years, and it remains one of the most closely watched instruments in global markets. Traders turn to gold in times of uncertainty, inflation and falling real yields — and away from it when confidence and rates rise.

At Otto you trade spot gold as a CFD quoted against the US dollar (XAU/USD). You can go long if you expect prices to rise or short if you expect them to fall, without ever handling a physical bar or coin.

Trade Gold →
What moves the price

Key drivers

  • US dollar strength and real interest rates
  • Inflation expectations and central-bank policy
  • Safe-haven demand during market stress
  • Central-bank gold buying and reserves
Getting started

Start in three steps

Open your account

Register in minutes and complete a quick, secure verification.

Fund it your way

Add funds by bank transfer or crypto with a clear reference.

Trade Gold

Open MetaTrader 4 and take your position, long or short.

FAQ

Gold — common questions

Why does gold move opposite to the dollar?

Gold is priced in US dollars, so a stronger dollar tends to make gold more expensive for other buyers and can push the price down, and vice versa.

Can I short gold?

Yes. With a CFD you can open a sell position to profit if you expect the gold price to fall.

What moves gold the most?

Real interest rates, the US dollar, inflation expectations and safe-haven demand are the biggest drivers.

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Trade Gold with Otto

Open an account in minutes and take your first position.