Live gold price (XAU/USD)

What the spot number is and how it is set

The spot price is the current market level for one troy ounce of gold in US dollars, quoted as XAU/USD around a reference of 4275.0. It is set by continuous trading across global venues, where banks, funds and brokers post bids and asks; the figure shown here is a reference mid, not a promise that your order will fill there. Gold trades nearly 24 hours a day, five days a week, so the number updates as the next session takes over.

Because gold is quoted in dollars, the spot number is really two prices in one: the dollar price of gold and the strength of the dollar itself. A move in the US dollar index often shows up in XAU/USD even when nothing about gold demand has changed. That is why a Philippine trader watching the peso value of a position has to watch both the gold price and the dollar, not just the peso exchange rate.

Why the broker's price differs: the spread

The price you trade at differs from the reference spot because of the spread, the gap between the bid and the ask. You buy at the ask and sell at the bid, so a position starts slightly behind the mid. On gold the spread is quoted in dollars per ounce, and its size depends on the broker, the session and the volatility at that moment rather than on a fixed published number.

The spread is the main cost you pay to enter and exit, and it widens when liquidity is thin: around major US data releases, at the daily rollover, and during holiday sessions. A wider spread means a larger move is needed just to break even. Check the live spread on your platform before sizing a trade, and use the pip value calculator to see what that spread costs at your lot size.

How to read the change and the refresh

The change figure compares the latest price with a prior reference, usually the previous close, and it is a direction indicator rather than a forecast. A positive change means gold is above that reference; a negative one means it is below. The refresh rate matters too: a reference feed may update every few seconds, while an execution platform streams continuously, so the two can differ during fast markets.

Treat the live price as context, not a signal. A price that has moved sharply on the day tells you volatility is elevated, which affects both the spread and the size you can safely trade. If you are planning an entry, confirm the price on your platform and size the position from your stop distance, not from the change number on this page.

How this price feeds the calculators

The reference price is the starting input for the profit and loss and margin calculators, and it anchors the pivot points to the current market. With one standard lot equal to 100 ounces and one pip equal to 0.01, a move from the reference level to your target converts into dollars per ounce and then, through pip value, into money for your lot size.

That chain is what makes the toolkit useful: the live price gives you the level, the calculators give you the size, the margin and the peso-aware result. None of it predicts the next move, and none of it removes the risk of loss. It simply makes the trade you are about to take explicit before you commit capital.

Where this XAU/USD reference price comes from and what its latency means for your order

The number on this page is a delayed reference feed assembled from interbank and liquidity-provider quotes, not a live executable stream from FxPro. It is refreshed on a fixed cycle, so the price you see is a snapshot that can be seconds behind the market. That delay matters most when gold is moving fast, because the quote you act on may already be gone by the time your order reaches the broker's server.

Latency here is the time between the reference source stamping a price and your browser rendering it. For a spot reference that delay is usually a few seconds, but it stretches during high-volume events and can be longer on a mobile connection. The practical consequence is that you should treat this figure as context for direction and levels, not as a promise of the fill you will get when you press buy or sell.

Your order does not fill against this page. It fills against the FxPro tradeable quote on MT4, MT5, cTrader or the FxPro app, which is the price stream your account is actually connected to. Use this page to plan, then confirm the live bid and ask in the platform before you send anything. Funding from GCash or a bank transfer affects your balance, not the latency of the quote.

Why FxPro's gold quote differs from this reference price even when both are working normally

A broker quote differs from a reference price because the broker prices off its own liquidity and adds the cost of doing business. FxPro sources gold liquidity from its providers, then applies a spread and any markup before the quote reaches your platform. The reference feed you see here is a composite that does not carry that markup, so the two will not match even in calm conditions.

The gap also reflects timing. Your platform quote updates tick by tick, while this page refreshes on its own schedule, so the two can be looking at slightly different moments. When volatility rises, that timing difference widens into a visible gap. Neither number is wrong; they are answering different questions, one about the market and one about the price you can trade at.

The size of the difference depends on the broker's spread, the liquidity at that moment and the instrument's volatility. It is not a fixed number you can subtract. Check the live ask on your platform against this reference to see the current gap, and remember that the cost you pay is the spread plus any commission your account type carries, not the reference price itself.

Bid, ask and the gap between them on a gold quote

The bid is the price at which you can sell, and the ask is the price at which you can buy. The gap between them is the spread, and it is the first cost you meet on every gold trade. On XAU/USD the quote is usually shown to two decimals, with one pip equal to 0.01, so a spread of a few cents is a few pips. You buy at the ask and sell at the bid, which means a new position starts slightly behind.

The spread is not a constant. It depends on the liquidity available at that moment, the time of day and the volatility of gold. Around major data releases and at the daily rollover the gap can widen, and it can widen sharply during thin conditions. That is why the same 0.10-lot position can cost more to enter at one hour than another, even though the lot size never changes.

For a 0.10-lot gold position, one pip of spread is $0.10, because 0.10 lot is 10 oz and one pip is 0.01. The margin requirement at the applicable cap is about $85.50 for that same position, which is separate from the spread cost. Watch the bid and ask together rather than the mid, and confirm the current spread on your platform before you size a trade.

What a stale quote looks like on this page and the steps to take when you see one

A stale quote looks like a price that has stopped moving while the market around it has not. On this page that shows up as a timestamp that is older than the refresh cycle, or a number that stays frozen through a period when gold is clearly active. If the change figure and the timestamp both look old, treat the quote as stale and do not base a decision on it.

The cause is usually a feed interruption, a slow connection or a scheduled pause in the reference source. It is not a signal about gold itself. The correct response is to check a second independent source and then confirm the live quote in your trading platform, because the platform stream is the one your order will execute against. If the platform quote is also frozen, contact the broker rather than sending an order blind.

Do not average a stale reference with a live one or assume the market will snap back to the old number. A stale figure tells you nothing about the current bid or ask. For Philippine readers funding via GCash or bank transfer, a stale price page has no bearing on your deposit, but it should stop you from sizing a trade until you can see a fresh, tradeable quote.

How often this gold figure refreshes and how to spot a refresh that has fallen behind

This page refreshes on a fixed interval rather than tick by tick, so the number updates in steps. Between refreshes the figure is a held snapshot, which is fine for context but not for execution. The refresh cadence is deliberately slower than a trading platform feed, and that is the main reason the page and your platform will rarely show the same number at the same second.

A refresh that has fallen behind is visible in two ways: the timestamp stops advancing, or the price fails to react when gold is clearly moving elsewhere. Compare the page against the live bid and ask in MT4, MT5, cTrader or the FxPro app. If the platform is moving and the page is not, the page is behind. That is a display problem, not a market event.

The practical rule is to use the page for planning and the platform for execution. The page's refresh rate depends on the feed and your connection, so it can vary. If you are about to trade a 0.10-lot position and the page looks frozen, confirm the current quote and the margin of about $85.50 at the applicable cap directly in the platform before you act.

Spot reference versus tradeable quote: which price your gold order actually fills against

Your order fills against the broker's tradeable quote, not against this spot reference. The reference is a market benchmark; the tradeable quote is the bid or ask FxPro streams to your platform, and it includes the spread and any account-level costs. When you buy, you pay the ask; when you sell, you receive the bid. The reference number is not an executable price at any point.

The difference matters most when you are calculating entry, stop and target levels from this page. A level drawn from the reference can sit a few cents away from where the platform would fill you, and in fast markets that gap can grow. Build your plan from the reference if you like, but verify the tradeable quote before you commit, because that is the number your profit and loss will be measured against.

This page is a reference for XAU/USD where 1 lot is 100 oz and one pip is 0.01. It is not a quote you can trade. FxPro is licensed by the FCA (UK) and CySEC, not by the SEC of the Philippines, so your execution and any complaint go through the entity that serves this country, on the platform quote, not through this page.