Gold and Silver

Gold and silver trading

Speculate on the future price of the world’s most popular precious metals. With City Index, you can trade gold and silver as a CFD trade or spread bet, with low fixed spreads from 0.3pts.

Why trade gold and silver?

 

Live pricing

Our performance in numbers

0 m+
account holders*
0 k+
markets
0 s
average execution speed
0 %
of trades successfully executed

*StoneX retail trading live and demo accounts globally in the last 2 years.

Ways to trade gold and silver

Spread betting Gold and silver spread betting
CFD trading Gold and silver CFDs
Best for
Tax-free trading in UK*
Hedging
Trade type
£ per point
CFDs in base currency of market
Tax
No UK Capital Gains Tax (CGT) or Stamp Duty*
No UK Stamp Duty. You do pay UK CGT but losses can be offset against tax*
Trade on
Global indices, FX, shares, commodities and more
Global indices, FX, shares, commodities and more
Commission
Commission-free
Share CFDs only
Platforms
Web, mobile and advanced platforms
Web, mobile and advanced platforms

Mobile trading app

Seize trading opportunities with our most easy-to-use mobile app to date, with simple one-swipe dealing, advanced charting, and seamless execution. Available on Android and iOS.

TradingView charts

Complete with one-swipe trading, custom indicators, alerts and drawing tools.


Trading Central

Harness the power of technical analysis and access real-time trade ideas on our most popular markets.


Performance Analytics

Gain deeper insight into your trading and discover how you could improve your performance.

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Platforms Mobile

How to trade gold and silver

Whether you’re a new or experienced trader, it’s easy to open an account with City Index. All you have to do is complete our short, secure online form and you could be up and running on the live markets in minutes.

If you think a commodity like gold or silver is going to go up in value, you go long or ‘buy’. If you think a commodity is going to go down in value, you short or ‘sell’ it. Ready to start trading now? Get started with your application.

How to trade with City Index

How to trade gold

Discover what gold trading is, what moves the value of gold and how to trade gold futures, options, spot prices and stocks.

How to trade silver

Learn everything you need to know about trading the precious metal, a popular alternative to gold trading.

What moves the price of gold?

Gold is prized for its stability – when other markets fall, gold can retain its value. But that doesn’t mean it’s free from volatility.

Put our trading platform to the test

Try a demo account with £10,000 in virtual funds to hone your trading strategies.

More markets to consider

Bonds
Bonds

Bonds

Take a position on government bonds such as 10-year US T-Note, UK Long Gilt and Euro Bunds.
Options
Options

Options

Trade options on over 40 markets, including the UK 100, SP 500 and Germany 40, all from 4 points.
Markets rising
Markets rising

Interest rates

Make more of short-term trading opportunities by trading on interest rate price movement.

Gold and silver FAQ

How do you trade metals?

There are a few different ways to trade metals. Most metals trading in the open market is executed via futures – derivatives that involve trading a metal on a set date in the future at a price set today.

To buy and sell metals futures, you’ll need an account with a futures broker. Or, you can trade on market prices using CFDs or spread betting – which enable you to go long or short on metals without ever taking ownership of the underlying asset.

Learn more about how to trade commodities.

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Can you day trade precious metals?

Yes, you can day trade precious metals including gold, silver, platinum and more. To day trade these precious metals, you need to ensure that you aren’t keeping any positions open overnight – which avoids the risk of overnight gapping and funding charges impacting your bottom line.

CFD trading and spread betting are two popular tools for day trading precious metals. They enable you to speculate on metal prices without ever taking ownership of the markets themselves, and provide access to leverage to make your capital go further – although leverage will also increase your risk.

Learn more about CFD trading on precious metals and spread betting metals.

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What are the trading hours for metals?

You can trade most metals – including gold, silver and platinum – 23 hours a day from Sunday night to Friday night, with a break from 10pm to 11pm UTC. However, there will be times when precious metal markets are more volatile and liquid than others.

The precise times for each market will vary depending on whether your trading its spot, futures or options variant. You can see a full run down of the hours for each market on our commodity hours page.

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If you have more questions visit the FAQ section or start a chat with our support.