XAG/USD represents the price of one troy ounce of silver quoted in US dollars. Silver is unique among precious metals because it serves a dual role: it is both a monetary metal (a store of value like gold) and an industrial commodity used in electronics, solar panels, medical devices, and automotive applications.
Silver prices tend to follow gold but with higher volatility — it is common for silver to move 1.5–2x the percentage of gold on a given day. The gold/silver ratio is a widely watched metric among metals traders. Industrial demand from the green energy transition (solar photovoltaics) has become an increasingly important price driver.
At GCC Brokers, XAG/USD is traded as a CFD with STP execution. Silver's higher volatility compared to gold offers larger intraday moves, making it attractive for active traders. Execution is fully automated, with no manual intervention.
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Access XAG/USD with tight spreads, fully automated execution, and full STP execution.
Trading Specifications
Symbol
XAGUSD
Contract Size
5,000
Min Lot Size
0.01
Max Lot Size
20.00
Lot Step
0.01
Digits
3
Margin
Set by account leverage
Swap Long
-10.57 pts
Swap Short
4.64 pts
Triple swap day
Wednesday ×3