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, with low fixed spreads from 0.3pts.
 
  • Go long or short

    Profit from falling as well as rising prices on precious metals like gold and silver.

  • Safe-haven assets

    Hedge against falling indices and periods of market turbulence.

  • Wide range of commodities

    Trade copper, gold, silver, platinum and other metals.

Why trade gold and silver?

  • Exposure
    Diversify your portfolio
    Add gold and silver to your portfolio to hedge against inflation and diversify your investments across asset classes.
  • Leverage
    Trade on leverage
    Take advantage of leveraged trading to speculate on precious metals with no need to own the underlying asset.
  • Markets
    Choice of markets
    Trade gold and silver as futures, options and spot markets with a market-leading provider.

Competitive gold and silver pricing

Our performance in numbers

1 k
Active clients*
1000 +
Markets
0.55 s
Average execution
1 +
Staff
1
Years' experience

*Active City Index clients since 2020

Gold and silver trading platforms at City Index

Web Trader platform for trading gold and silver

Your new online trading platform, Web Trader, includes advanced charts with custom indicators, fast and reliable HTML5 technology, and customisable workspaces.

Fast, reliable and customisable trading platform

• Configure and personalise multiple workspaces
• Switch between workspaces with a single click
• Benefit from advanced trading charts and overlay multiple financial markets


Trading tools

• Smart trade tickets with advanced risk management tools
• Define stops and limits by points, P&L or price
• Real-time margin calculator informs your trade decisions


Market news and analysis

• Dedicated Market 360 pages to help identify key opportunities
• Latest market insights with charts and pricing
• Detailed market analysis from Reuters news

Web Trader

Mobile trading apps for gold and silver trading

Seize opportunities with our powerful mobile trading apps, complete with advanced charting, custom technical indicators and a range of intelligent trading tools.

TradingView charts

Access the industry-leading TradingView charting package, complete with over 80 custom technical indicators, drawing tools and trading through charts.

One-swipe trading

Open and close positions in seconds directly from charts with one-swipe trading and amend any stops and limits by dragging orders on the chart.

SMART signals

Spot developing trends and trading opportunities with smart signals and in-app market insight.

Mobile apps

Trade gold and silver on MetaTrader 4 (MT4)

Expert Advisors (EAs)

Download and explore automated trading strategies via the MetaQuotes Language 4 (MQL4) or create your own Automated Trading System using MQL4.

Custom technical indicators

Analyse price movement and trends with technical indicators customised to your trading strategies.

Trade on all devices

Access your MetaTrader 4 account across all your devices with MT4 trading apps on iOS and Android. Open on desktop, close on a smartphone.

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Gold and silver news and analysis

Why trade gold and silver?

Gold and silver are the most-traded precious metals markets, often used for portfolio diversification and as a hedge against inflation.

What moves the price of precious metals?

Like most markets, metal prices are driven by supply and demand. Economic and political changes will also impact the price. Gold and silver are often seen as safe-haven investments during times of heightened market volatility.

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.

Risk-free trading with virtual funds

Practise trading on our CFD trading simulator with $20,000 in virtual funds and develop your gold and silver trading strategies.

Frequently asked questions

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 futures prices using CFDs – 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 all your positions are closed by 5pm EST, which is 9am AEST. This avoids the risk of overnight gapping and funding charges impacting your bottom line.

CFD trading is a popular way to day trade precious metals. It enables you to speculate on metal prices without ever taking ownership of the markets themselves, and provides access to leverage to make your capital go further – although leverage will also increase your risk.

Learn more about CFD trading on precious 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 Monday morning to Friday , with a break from 08:00 to 09:00 AEST. 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 you’re trading its spot, futures or options variant. You can see a full rundown of the hours for each market on our commodity hours page.

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Learn to trade gold and silver with City Index
CFDs
CFDs
CFD trading

Learn to trade gold and silver using CFDs (contracts for difference) and discover how to open a position on these and thousands of other financial markets.

Economic calendar
Economic calendar
Economic calendar

View upcoming trading opportunities for the weeks ahead with our economic calendar.

Risk Management
Risk Management
Managing risk

Learn techniques to improve your trading and manage risk effectively with a range of tools.