Gold Perpetual

About the Gold Perpetual

XAUUSDPERP gives you exposure to gold priced in US dollars through a perpetual contract: there is no delivery date, no rollover and no overnight swap. One lot is 100 troy ounces, the same as our spot gold CFD, so position sizes carry across directly, and orders are placed from 0.01 lot in steps of 0.01.

The contract stays anchored to the gold market through funding. At 00:00, 08:00 and 16:00 UTC a funding rate is set; positions open at that moment pay or receive position value multiplied by the rate, booked to the account balance as a separate entry. When the perpetual trades above spot, long positions pay and short positions receive; when it trades below, the direction reverses. A position closed before the funding time pays nothing.

Unlike spot gold, the perpetual quotes and trades around the clock, including weekends, when prices come from the perpetual market alone and can be thinner and move further than spot. There is one scheduled break each week, Saturday from 12:00 to 13:00 platform time (09:00 to 10:00 UTC), reserved for maintenance. Margin, stop loss, take profit and pending orders work exactly as on any other symbol on your MetaTrader 5 account.