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Precious Metals

 

Precious Metals

Find your gold mine

 

An attractive trading instrument

In the Forex market, precious metals are treated as currencies, and are traded around the clock in pairs with other currencies. Their low or negative correlation to other asset classes provides an effective means of diversifying portfolios and hedging risks.

 
 

Gold (XAU)


 

Gold, the mother of all currencies, still plays a prominent role in today's markets. Used primarily as a store of value, its price varies based on sentiment more than the laws of supply and demand. It is mainly influenced by factors such as financial stability, inflation and geopolitical events.

 

Silver (XAG)


 

Like gold, silver is a reserve currency. However it is also a highly sought-after commodity for a variety of technological applications. While it trades generally in line with gold, it is subjected to higher volatility due to the influence of industrial supply and demand.

 

Platinum & Palladium (XPT & XPD)


 

Platinum and palladium are mainly used to produce jewelry, computer components and catalysts to refine petroleum and chemicals. The greatest demand comes from the automotive industry, which relies heavily on the metals. They are rarer than gold and most of the world production is concentrated in South Africa and Russia. They are the most volatile of precious metals.

 

Check our trading conditions

Asset Description Minimum spread
XAUAUD Gold vs. Australian Dollar 0.35
XAUCHF Gold vs. Swiss Franc 0.35
XAUEUR Gold vs. Euro 0.35
XAUGBP Gold vs. British Pound 0.35
XAUUSD Gold vs. US Dollar 0.35
XAGAUD Silver vs. Australian Dollar 0.03
XAGCHF Silver vs. Swiss Franc 0.03
XAGEUR Silver vs. Euro 0.03
XAGGBP Silver vs. British Pound 0.03
XAGUSD Silver vs. US Dollar 0.03
Symbol Description Initial Margin Requirement
XAUAUD Gold vs. Austrailan Dollar 2%
XAUCHF Gold vs. Swiss Franc 2%
XAUEUR Gold vs. Euro 2%
XAUGBP Gold vs. British Pound 2%
XAUUSD Gold vs. US Dollar 2%
XAGAUD Silver vs. Austrailan Dollar 2%
XAGCHF Silver vs. Swiss Franc 2%
XAGEUR Silver vs. Euro 2%
XAGGBP Silver vs. British Pound 2%
XAGUSD Silver vs. US Dollar 2%
XPDUSD Spot Palladium 2%
XPTUSD Spot Platinum 2%
Symbol Description Minimum
Transaction Size
Maximum
Transaction Size
Value
of 1 lot
XAUAUD Gold vs. Australian Dollar 0.01 100 100 oz.
XAUCHF Gold vs. Swiss Franc 0.01 100 100 oz.
XAUEUR Gold vs. Euro 0.01 100 100 oz.
XAUGBP Gold vs. British Pound 0.01 100 100 oz.
XAUUSD Gold vs. US Dollar 0.01 100 100 oz.
XAGAUD Silver vs. Australian Dollar 0.01 50 5,000 oz.
XAGCHF Silver vs. Swiss Franc 0.01 50 5,000 oz.
XAGEUR Silver vs. Euro 0.01 50 5,000 oz.
XAGGBP Silver vs. British Pound 0.01 50 5,000 oz.
XAGUSD Silver vs. US Dollar 0.01 50 5,000 oz.
Symbol Description Sunday Monday Tuesday Wednesday Thursday Friday
XAUAUD Gold vs.
Austrailian Dollar
Closed 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55
XAUCHF Gold vs.
Swiss Franc
Closed 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55
XAUEUR Gold vs.
Euro
Closed 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55
XAUGBP Gold vs.
British Pound
Closed 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55
XAUUSD Gold vs.
US Dollar
Closed 00:02 - 22:58 00:02 - 22:58 00:02 - 22:58 00:02 - 22:58 00:02 - 22:58
XAGAUD Silver vs.
Austrailian Dollar
Closed 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55
XAGCHF Silver vs.
Swiss Franc
Closed 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55
XAGEUR Silver vs.
Euro
Closed 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55
XAGGBP Silver vs.
British Pound
Closed 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55 00:05 - 22:55
XAGUSD Silver vs.
US Dollar
Closed 00:02 - 22:58 00:02 - 22:58 00:02 - 22:58 00:02 - 22:58 00:02 - 22:58

Currency pairShort BaseLong Base
XAGAUD0.000654860.00165523
XAGCAD0.000277380.00117089
XAGCHF-0.000674990.00004909
XAGEUR-0.000426340.00019743
XAGGBP-0.000146330.00041739
XAGTRY0.019002320.02320369
XAGUSD0.000368470.00108058
XAUAUD0.035395250.1081076
XAUCAD0.007099550.0724085
XAUCHF-0.06107705-0.0086201
XAUEUR-0.040981750.00418385
XAUGBP-0.019131750.02183415
XAUTRY1.36761161.7089058
XAUUSD0.0168850.06851665
XPDUSD-0.453379-0.011453
XPTUSD0.01858620.0569255
 

Product Guide

A complete summary of all Swissquote Forex and CFD products with their corresponding trading conditions.

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Trading Conditions

Our commitment to you: fair dealing and price execution. All trading costs are included in the spreads – no hidden fees.

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