XAUGBP price
How XAUGBP moves through the day
Average XAUGBP range in each session as a share of its price, measured on every trading day since 2020.
Average range by session
Busiest hours (UTC)
XAUGBP moves most from 13:00 to 15:00 UTC. The quietest hour starts at 04:00 UTC.
Size a XAUGBP trade
One standard lot of XAUGBP is 100 ounces on most brokers. Check your broker's contract size before you trade.
See your own XAUGBP trades on this chart
Connect your broker once. Every XAUGBP entry and exit lands on the chart, your journal and rules sit beside it, and Edge learns from your trades to show you the one thing to fix next. Then practice it on XAUGBP in the backtester before you trade it live.
XAUGBP questions
XAUGBP is the price of one troy ounce of gold in British pounds. XAU is the code for gold and GBP is the currency it is priced in.
Each broker quotes its own bid and ask from its own liquidity providers, so prices can differ a little from broker to broker. The prices here are indicative bid quotes. Spreads also widen around big news and when the market opens.
Spot gold trades nearly 24 hours a day from Sunday evening to Friday evening, New York time, with a short daily break around 17:00 New York time.
On most brokers one standard lot of XAUGBP is 100 ounces, so a move of 1.00 in the price is worth £100.00 a lot and 0.01 lots moves £1.00. Check your broker's contract size before you trade.
Mostly US interest rate expectations, the US dollar, inflation data and how much risk markets want to take. Gold often rises when the dollar and real interest rates fall.