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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.04% 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.
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, 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.

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 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.
Trade Gold (XAU), Silver (XAG), Platinum (XPT) and Palladium (XPD) against the main currencies.
Precious metals offer insights into economic health and are often viewed as a safe haven during times of economic or political uncertainty.
| Symbols | Minimum spreads (points) | Margin requirements | |
|---|---|---|---|
| Premium min. 1K GBP | Prime min. 5K GBP | ||
| XAUUSD | 0.43 | 0.41 | 5% |
| XPDUSD | 1.6 | 1.3 | 20% |
| XPTUSD | 2.8 | 2.5 | 20% |
| XAGUSD | 1.14 | 1.10 | 10% |
To see trading conditions on all asset classes: Download Product Guide
Endless opportunities
Largest financial market in the world – highly liquid, open 24/5
Scale up profits with leverage
Leverage your investments up to 1:20 to increase returns on your capital
Diversify and hedge risks
Take long or short positions on precious metals


Open and close positions many times in a day and hold them only for a few seconds to profit off smallest price movements.
Open and close your positions within one trading day to capitalise on small price movements.
Take trades that last longer than one trading day to capture gains from anticipated price movements.
Boost your trading with our expert services, backed by the trusted Swissquote Group.


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