Live gold price (XAUUSD)
The real-time spot gold price in US dollars, refreshed every 30 seconds. Use it as the reference for every calculator on the site — then confirm the dealing price with your broker.
Use this price
This is a spot reference, not a chart. Drop it straight into a calculation:
- Size a trade with the position size calculator
- Check the margin it will tie up
- See the pip value for your lot
Convert to rupees
XAUUSD is in US dollars per ounce. At about ₹88 to the dollar, a $1.00 move is roughly ₹88 — and $100 on a standard-lot move is about ₹8,800.
What the live gold number means
The figure above is the spot price of one troy ounce of gold in US dollars — the global benchmark that XAUUSD CFDs track. It is the number news headlines quote when they say “gold hit a record”, and it is the reference point every position on this site is built from.
Your broker’s price will sit a few cents either side of it because of the spread, and it can gap around major news. For what actually pushes this number up and down — the dollar, real rates, inflation and safe-haven flows — see what moves gold. To know when it moves most, check the gold trading hours in IST.
How the gold price is set
Gold trades as a global spot market, quoted in US dollars per troy ounce. The price you see is a live consensus between major banks, refiners, and institutional desks in London, Zurich, New York, and Asia. There is no single exchange for spot. Liquidity flows through an over-the-counter network, with prices updating every second while a major centre is open.
XAUUSD is the standard ticker. XAU is the currency code for gold; USD is the quote currency. One standard lot equals 100 troy ounces. The market runs nearly 24 hours from Monday open in Sydney through Friday close in New York. That means an Indian trader can react to US inflation data at 6:00 PM IST or a Fed speech at 11:30 PM IST without waiting for an exchange to open.
Because gold is priced in dollars, two forces move XAUUSD: the physical supply-demand balance for gold, and the strength of the US dollar itself. When the dollar weakens, gold often rises even if nothing changed in the physical market.
Spot vs futures — what XAUUSD tracks
Your CFD broker quotes spot gold, not the COMEX futures contract. Spot is the theoretical price for immediate delivery. COMEX futures price physical delivery in a specific month, usually with a small premium or discount based on interest rates, storage, and time to expiry.
The two prices stay very close. Arbitrageurs constantly buy one and sell the other when the gap widens. But they are not identical. During the last hour of COMEX trading or around major US data, futures can move first and drag spot with it. Your XAUUSD chart is the spot feed, which means it reflects the cash market, not the front-month futures contract.
For a retail trader, the difference is usually less than a dollar. It matters mainly if you compare your broker chart to a free futures chart and think the price is wrong. It is not wrong. It is a different instrument tracking the same underlying metal.
Why your broker price differs
No broker shows the exact raw spot price. The price on your screen includes a spread. A spread of $0.30 means the buy price is 30 cents above the sell price. In pip terms, that is 30 pips. In money terms, a $0.30 spread costs $30 on one standard lot, $3 on 0.10 lot, and $0.30 on 0.01 lot.
This is the main reason two brokers show slightly different XAUUSD prices. Each broker sources a feed from one or more liquidity providers and adds their own markup. A broker with a $0.20 spread is not cheaper by 20 cents; it is cheaper by 20 pips, or $20 per standard lot compared with a $0.40 spread.
Around high-impact news, spreads widen. A normal $0.30 spread can become $1.00 or more for a few seconds. Gaps also occur at the weekly open or after surprise headlines. Your stop loss fills at the next available price, which may be far from your requested level. This is standard market behaviour, not broker manipulation.
Reading the gold price in rupees
Indian traders think in rupees, but XAUUSD is quoted in dollars. To convert, multiply the dollar move by the USD to INR rate. At an exchange rate of roughly 88, a $1.00 move in gold equals about ₹88 per troy ounce.
Now apply the lot size. One standard lot is 100 ounces. A $1.00 move is 100 pips, which equals $100 on one standard lot. In rupees, that is about ₹8,800 per standard lot. On 0.10 lot, a $1.00 move is roughly ₹880. On 0.01 lot, it is about ₹88.
This conversion helps you size positions correctly. If your account balance is ₹1,00,000 and you trade one standard lot, a $10 move against you is about ₹88,000 — nearly your entire account. Most Indian retail traders should start with 0.01 or 0.10 lots until they feel the rupee value of each pip.
Common questions
Where does this gold price come from?
The live XAUUSD quote refreshes from a public spot-gold price feed roughly every 30 seconds. It is a reference spot price for education, not your broker's dealing price, which includes a spread.
Is this the price I will trade at?
Not exactly. Your broker adds a spread and may differ by a few cents. Always confirm the live buy and sell price inside your trading platform before you enter.
What currency is the gold price in?
XAUUSD is the price of one troy ounce of gold in US dollars. To think in rupees, multiply by your USD to INR rate (around 88).
How often does the price update?
About every 30 seconds while the page is open. Gold trades around the clock on weekdays, so the quote moves whenever the global market is open.
What does XAUUSD actually mean?
XAUUSD is the spot gold price in US dollars. XAU is the currency code for one troy ounce of gold, and USD is the US dollar. The price tells you how many dollars one ounce of gold costs right now. When you trade XAUUSD as a CFD, you speculate on that price moving up or down without owning physical gold. One standard lot equals 100 ounces, so a $1.00 price move changes your P&L by $100.
How much is 1 pip in gold?
One pip in gold is a $0.01 price move. On one standard lot of 100 ounces, 1 pip equals $1. A full $1.00 move is 100 pips and equals $100 on a standard lot. On 0.10 lot, 1 pip is $0.10 and a $1.00 move is $10. On 0.01 lot, 1 pip is $0.01 and a $1.00 move is $1. Always convert to rupees using the current USD to INR rate to understand your true risk.
Why is my broker's gold price different from another broker?
Each broker adds a different spread to the raw spot feed. A broker with a $0.30 spread quotes a buy price 30 cents above the sell price. Another broker with a $0.50 spread will show a wider gap. This is normal. The spread is your trading cost. A $0.30 spread equals 30 pips, which is $30 per standard lot. Compare spreads in pips and dollar cost per lot, not just in cents.
What is the best time to trade gold from India?
The most active gold hours from India are from about 6:00 PM IST to 11:30 PM IST. This overlaps the London afternoon and New York morning. Spreads are tightest and moves are cleanest during this window. Major US data releases at 6:00 PM or 8:00 PM IST often trigger fast moves. Avoid trading between 11:30 PM and 6:00 AM IST when liquidity thins and spreads widen.
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