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Updated 2026-08-15

Gold Trading with FP Markets in Australia

Everything you need to trade gold (XAU/USD) as a CFD with FP Markets in Australia — spreads, commission, leverage, contract size and overnight costs — plus today’s live spot price and what’s moving it. Market context, not trading advice.

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Min deposit AUD 100 (Standard & Raw); IRESS accounts from AUD 1,000  ·  Retail leverage caps apply to Australian clients; professional terms differ  ·  Rating 4.4/5

At FP Markets you trade gold as XAU/USD CFDs from 0.15, with leverage up to retail leverage limits on MetaTrader 4 and MetaTrader 5, long or short.

You can trade gold at FP Markets as a CFD on spot XAU/USD, long or short: from 0.15, up to retail leverage limits leverage, 1 lot = 100 oz, AUD 100 (Standard & Raw); IRESS accounts from AUD 1,000 minimum deposit, on MetaTrader 4, MetaTrader 5. The exact conditions and today’s price are below.

Trading gold (XAU/USD) at FP Markets — key facts

Gold trading at FP Markets
InstrumentSpot gold · XAU/USD (CFD)
Spread fromfrom 0.15
Commission$0
Max leverageretail leverage limits
Contract size1 lot = 100 oz
Minimum trade0.01 lots
DirectionLong or short
PlatformsMetaTrader 4, MetaTrader 5
Minimum depositAUD 100 (Standard & Raw); IRESS accounts from AUD 1,000
Overnight swapOvernight swap applies; a swap-free option may be available.
Trading hoursSun 23:00 – Fri 22:00 GMT

Indicative conditions for trading gold as a CFD at FP Markets in Australia. Spreads, commission and margin are variable — confirm the live figures in your platform before trading.

Spot gold · XAU/USD$4,375.94▲ +25.59 (+0.59%) today
$4,394.7024h high
$4,311.2424h low

As of 2026-08-14 20:00 UTC · indicative spot price (interbank reference) — not FP Markets’s quote

Gold price range & volatility

PeriodSpot gold range (XAU/USD)
Last 30 days$3,992.09 – $4,401.65
Last 90 days$3,992.09 – $4,553.51
Last 12 months$3,992.09 – $4,553.51

30-day volatility is about 22.2% annualized — gold moves enough to matter for position sizing and stop placement. Range figures are an interbank market reference, not FP Markets’s quotes.

What’s moving gold today

Gold is trading around $4,375.94 per ounce and is up today. In the news over the past 48 hours, the conversation around gold is led by Inflation / CPI, Fed & interest rates, US dollar.

Inflation / CPI

Subtracting inflation from a bond yield gives the number the metal is genuinely competing against.

Fed & interest rates

Real interest rates rather than nominal ones are what this market prices, and a cut with high inflation leaves them unchanged.

US dollar

Real yields and the currency usually move together, which is why both appear in every explanation of a metal move.

Safe-haven demand

Real yields can fall sharply in a crisis, which is a second reason metal rises alongside the obvious one.

Central-bank buying

Reserve managers watch real returns rather than nominal ones, exactly as private investors do.

Based on 38 gold-related stories in the last 48 hours via africanminingmarket.com, e.vnexpress.net, finance.yahoo.com. This is neutral market context, not a forecast, recommendation or financial advice.

How to trade gold with FP Markets in Australia

Trade gold with FP Markets →

What gold costs to trade at FP Markets

The main cost of trading gold is the spread — the gap between the buy and sell price — plus any commission on raw-spread accounts and the overnight swap if you hold a position past the daily rollover. FP Markets’s indicative gold spread is variable on Standard accounts and variable on raw-spread accounts (where a commission applies instead). Spreads are variable — see our full FP Markets spreads breakdown for the latest figures.

Frequently asked questions

How do I trade gold at FP Markets?
Open an XAU/USD CFD on MetaTrader 4; spreads start from 0.15.
Can I short gold?
Yes — CFDs let you go long or short on gold.

Related FP Markets pages