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Instrument description

The symbol of wealth and prosperity, gold has long been revered as the most precious and rare metal on this planet. Used as currency throughout history, the US put the dollar on the gold and silver standard in 1792. In 1971, the gold standard was removed, and this fundamental economic shift had a tremendous global impact on prices. By 1980, the value of the precious metal had soared from a low of $35 per ounce to a record high of $850, or almost $2,400 when adjusted for inflation. Gold is often seen as a safe haven investment during times of economic instability or as a hedge against inflation. View the latest price movements as well as breaking news and analysis on this popular commodity.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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.

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