CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Gold (EUR)

CFD on the Gold (XAU) to Euro (EUR) exchange rate.

Product Type: CommoditySubtype: Metal
Currency: USD
Trading Hours: According to marketMeasurement Unit: Troy Ounce
Full trading conditions >>

Description:

Gold is a prevalent soft metal that is traded worldwide on various exchanges – valued in terms of Euro. For centuries, gold has been considered a primary medium for exchange and it remains a leading global currency (1 troy ounce of gold is represented as XAU).  One of the unique advantages of gold CFDs is that they can be traded 23 hours a day, almost every day of the year. Another significant benefit is the metal’s high market liquidity, which allows traders to buy and sell contracts both quickly and easily. The process of determining the spot price of gold involves estimation of gold extraction, production and existing billions across the globe while taking into consideration the effects of economic and political events, general speculations and market behavior, as well as the value of other currencies and commodities. Gold’s spot prices are calculated and published every few seconds during market hours.
Feed name
DAILY LOW
DAILY HIGH
Trade with
GOLDEUR Market Sentiment
GOLDEUR Chart
Support & Resistance
Jan 25, 14:48 GMT
SymbolEURUSDPivot1.1916
R31.2549S11.2456
R21.2458S21.2421
R11.2323S31.2345
Daily
Weekly
Monthly
Trading Central
Trading Conditions
Trading Hours: No data for GOLDEUR GMT No data for GOLDEUR GMT No data for GOLDEUR GMT
Symbol Long Position Daily Rate
Leverage Short Position Daily Rate
Spread Amount for Swap
MarketGlobalInitial Margin
Full trading conditions
EURUSD Market Analyzes
Micro Analysis, Jan 25, 14:48 GMT
US Nonfarm Payroll is a report that shows the total number of newly employed workers on a monthly level. This report does not include people employed in government service, non-government organizations or in farming sector...
Micro Analysis, Jan 25, 14:48 GMT
US Nonfarm Payroll is a report that shows the total number of newly employed workers on a monthly level. This report does not include people employed in government service, non-government organizations or in farming sector...
Micro Analysis, Jan 25, 14:48 GMT
US Nonfarm Payroll is a report that shows the total number of newly employed workers on a monthly level. This report does not include people employed in government service, non-government organizations or in farming sector...
Micro Analysis, Jan 25, 14:48 GMT
US Nonfarm Payroll is a report that shows the total number of newly employed workers on a monthly level. This report does not include people employed in government service, non-government organizations or in farming sector...

Interesting Facts:

  • Gold is the ultimate long-term store of value. Investing in precious metal offers a useful anti-inflationary tool against currency depreciation as any specific government or international authority does not control it.
  • The primary exchange markets for trading gold are the New York Mercantile Exchange (NYMEX) and Tokyo Commodity Exchange (TOCOM). As the two have substantially different time zones, gold futures and options are unequivocally available around-the-clock.
  • China and South Africa are the world’s top producers of gold. Together, they account for approximately 15% of the global annual gold output. Other leading producing countries include Argentina, Russia, Canada and the USA.
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