Live Gold Price (XAU/USD)

What the spot number is and how it is set

The live gold price is the spot quote for one troy ounce in US dollars, set continuously by trading across the global over-the-counter and futures markets. It is not a single exchange's official print; it is a composite of quotes from liquidity providers, and the number you see is the latest one your data source received. That is why two screens can show slightly different prices at the same moment without either being wrong.

Gold trades nearly around the clock on weekdays, and the quote moves whenever buyers and sellers disagree about the next dollar. Because the contract is dollar-denominated, the XAU/USD price is really a dollar story as much as a gold story. A Philippine trader watching the number in pesos is watching two variables at once, since the dollar-peso rate shifts the local value even when the dollar gold price is flat.

Why the broker's price differs: the spread

The price on your platform differs from the raw spot because the broker quotes a bid and an ask, and the gap between them is the spread. You buy at the ask and sell at the bid, so a position starts slightly behind the mid-market number. The size of that gap depends on the broker, the account type, the time of day and the liquidity available at that moment; it is not fixed, and it is not something this site quotes as a number.

The spread is the visible part of the cost. Depending on the account, a commission may be charged separately, and a position held overnight may incur a swap that depends on the financing rates involved and the direction of the trade. A trader comparing brokers should look at the full structure, not one line of it, and should test the actual quoted spread on a demo account during the hours they normally trade.

How to read the change and the refresh

The change figure shows how far the current price has moved from a reference point, usually the prior session's close, and it refreshes as new quotes arrive. A green number does not mean gold is cheap or expensive; it means the latest quote is above the reference. Read it together with the time of the quote, because a stale price on a quiet screen can look misleadingly calm compared with a live one during a US data release.

Refresh behaviour matters for anyone acting on the number. During deep liquidity the quote updates in small increments; during thin hours the same screen can jump in larger steps. If you are about to size a trade, take the price from the same platform you will execute on, not from a separate website, so the spread and the quote are consistent with the order you are placing.

How this price feeds the calculators

The live price is the input that makes the other tools concrete. The pip value and profit/loss calculators use it as the reference entry so that a stop or target expressed in pips converts to a real dollar and peso amount. The margin calculator uses it to estimate the collateral a given lot size ties up, which is why the worked example of a 0.10-lot position at the applicable leverage cap comes to about $85.50 margin around a price of 4275.0.

Because the price moves, every calculated figure is a snapshot. Re-run the sizing and margin tools when the price has moved materially or when you change lot size, and treat the output as an estimate rather than a guarantee of the fill you will get. The calculators exist to remove arithmetic errors and to make the risk visible before the order, not to forecast where gold will trade next.

Where the reference price on this page comes from and what its latency means

The number shown here is a delayed reference feed, not a live execution quote. It is an indicative XAU/USD spot figure compiled from wholesale market sources and published with a short delay before it reaches this page. That delay is measured in seconds, and it exists so the figure can be checked and republished cleanly. Treat it as a directional marker for gold priced in US dollars, useful for context, not as a price you can transact at.

Latency means the figure you see may already be behind the market by the time your screen renders it. If gold is moving quickly, the reference can lag the broker's tradeable quote by several ticks, and each tick here is 0.01. That gap matters most when you are about to send an order or set a level. Use the reference to understand where gold broadly is, then confirm the executable price inside your platform before you act.

The delay is structural, not a fault, and it does not improve during busy sessions. A reference feed will always trail the live market because it waits for source updates and publication. For a Philippine trader funding through GCash or bank transfer, the practical takeaway is simple: budget for the reference lag when planning entries, and never assume the figure on this page is the exact price your order will fill at.

Why a broker quote differs from a reference price even when both track gold

A broker quote differs from a reference price because the broker prices the trade it will actually take, not the market in the abstract. FxPro's XAU/USD quote reflects the liquidity it can access, the size being quoted, and the spread it applies around the underlying market. The reference figure on this page is a broad indicative spot number, while the broker quote is a two-sided tradeable price with a bid and an ask. They track the same metal but serve different jobs.

The difference is normal and depends on conditions rather than a fixed amount. At any moment the broker's ask sits above the mid-market and the bid sits below it, so the tradeable quote brackets the reference. When liquidity thins or volatility rises, that bracketing widens. You are not seeing an error when the two disagree; you are seeing the cost and mechanics of execution layered on top of the raw market level.

For your order, the broker quote is the one that counts. The reference tells you roughly where gold is, but FxPro fills you at its own bid or ask, and that is the price recorded on your ticket. Position sizing and margin follow the broker's quote too, which is why a 0.10-lot gold position at the applicable leverage cap needs about $85.50 margin. Plan around the executable quote, not the indicative one.

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. On XAU/USD both are quoted in US dollars per ounce, and the difference is measured in pips where one pip equals 0.01. You buy at the ask and sell at the bid, so the spread is the immediate cost of entering a position. It is not a fee charged separately; it is built into the two prices you are shown.

The size of that gap depends on the broker's liquidity and market conditions, not on a number printed here. When gold is liquid and calm, the bid and ask sit close together; when news hits or the session is thin, they separate. That is why you should read the live bid and ask in your platform rather than assume a fixed gap. The gap can change between the moment you look and the moment your order reaches the market.

The practical effect is that a new position starts slightly behind the mid-market. If you buy at the ask and immediately sell at the bid, you cross the gap and realise a small loss before price moves. For a standard lot of 100 oz, each 0.01 move is a defined dollar amount, so the width of the gap translates directly into cost. Check the live bid and ask before entering, and size your trade with that crossing cost in mind.

What a stale quote looks like on a gold price feed and how to respond

A stale quote is one that has stopped updating while the market has moved, so the figure on screen no longer reflects a price you could trade at. On a gold reference feed it looks like a number that sits unchanged through obvious volatility, or a timestamp that keeps ageing without a new print. The tell is not the level itself but the lack of movement and the outdated time stamp beside it.

Staleness usually comes from a feed interruption, a platform connection problem, or a quiet period when no new source update has arrived. It can also appear around session breaks and holidays, when the underlying market is closed and no fresh prices exist. A stale reference is not a bargain or a signal; it is simply old information. Acting on it as though it were live is how traders end up entering at a level the market left behind.

The response is to confirm the live tradeable quote inside FxPro's platform before doing anything. If the reference has not moved but the broker's bid and ask are active, trust the broker quote for execution and use the reference only as background. If both look frozen, check your connection and wait for a fresh print. Never send an order based on a reference number you suspect is stale, especially when gold is moving fast.

How often this figure refreshes and how to spot a stale one

This reference figure refreshes at a set interval rather than tick by tick, so it updates in steps and can sit unchanged between refreshes even while the market moves. The interval is short, but it is not continuous, which is why the number can appear static for a moment during active trading. Each refresh carries its own time stamp, and that stamp is your guide to whether the figure is current or lagging.

A stale figure shows the same level across several expected refreshes, or a time stamp that falls further behind the clock. Compare it with the live bid and ask in your platform: if the broker quote is moving and the reference is not, the reference is stale. On a normal day the two should broadly track each other, so a persistent divergence is the signal to distrust the page rather than the market.

Use the refresh interval as a planning tool, not an execution trigger. Because the figure updates in steps, it is fine for gauging direction and for feeding the calculators, but it is not the price your order fills at. When you are ready to trade, switch to the live quote in MT4, MT5, cTrader or the FxPro app. That quote refreshes continuously and is the one your ticket will reflect.

Spot reference versus the broker's tradeable quote: which one your order fills against

Your order fills against the broker's tradeable quote, not against the spot reference shown on this page. The reference is an indicative mid-market figure for context; FxPro's bid and ask are the prices at which it will actually execute your buy or sell. When you place a market order, the platform matches you at its current quote, and that level, not the reference, appears on your confirmation.

The distinction matters because the two can differ by a small margin at any moment, and that margin is where execution happens. The reference tells you where gold broadly trades; the broker quote tells you what your specific trade costs after the spread is applied. For a 0.10-lot position, margin is calculated from the broker's pricing at the applicable leverage cap, about $85.50, so the executable quote drives both your entry and your margin requirement.

Practically, read the reference to form a view, then confirm the live bid and ask before you click. If you are buying, you pay the ask; if selling, you receive the bid. The reference sits between them and is never the level you transact at. Treat any calculator output built on the reference as an estimate, and reconcile it with the broker quote before sizing a position in gold.