Live gold price (XAU/USD)

What the spot number is and how it is set

Spot gold is the price for immediate delivery of one troy ounce in US dollars, and it is set by trading across the global over-the-counter market rather than by a single exchange. Quotes are assembled from liquidity providers and venues through the trading day, so the number you see is a live consensus rather than a fixed official rate. The 4275.0 figure on this site is a reference point for the calculators, not a level the market is obliged to hold.

Because gold trades over the counter, there is no single closing bell that fixes one official price for everyone. Different data feeds can therefore show slightly different last-traded values at the same moment, and that is normal rather than a fault. When you compare the price here with your platform, compare direction and rough level, not the last decimal.

Why the broker's price differs: the spread

Your broker's quote differs from the headline spot because it includes the spread, which is the gap between the bid and the ask your platform shows. You buy at the ask and sell at the bid, so the spread is a cost you pay on entry and see again on exit. Its size depends on the broker, the account type and market conditions, and it typically widens when liquidity thins or volatility jumps.

The spread is not the only cost to plan for. Commission, if your account type charges it, and the swap or financing charge on positions held overnight also form part of the total. None of these is a fixed number across brokers, so read the contract specification for XAU/USD on your own account and check the live quote at the moment you trade rather than relying on a figure from memory.

How to read the change and the refresh

The change figure shows how far the current price sits from a previous reference, usually the prior session close, and the refresh keeps that comparison current as new quotes arrive. Read it as a direction and a rough magnitude, not as a precise percentage you can trade off, because the reference point shifts when the session rolls. A refresh during thin hours can move the number further than the underlying liquidity would suggest.

Use the live price as an input to planning, then confirm the executable quote on your platform before you send an order. The calculators here take the price you enter and return position size, pip value, margin and profit or loss, so the quality of the output depends on the price you feed in. Refresh before you calculate if the market has been moving.

How this price feeds the calculators

The live price is the starting input for every calculator on this site, because position size, pip value, margin and profit or loss all scale with the price of gold. Change the price and the peso value of a one-dollar move changes with it, which is why a position sized last week may no longer fit the same risk budget today. Feed the current number in rather than a stale one.

The pivot-point calculator works differently: it uses the prior session's high, low and close rather than the live tick, then plots support and resistance levels for the session ahead. Use the live price to see where the market sits relative to those levels, and use the levels to set stops and targets. The two inputs answer different questions and are meant to be read together.

Where the XAU/USD number on this page is sourced and what its delay means for a Philippine trader

The reference price shown here is an indicative spot XAU/USD quote aggregated from institutional gold liquidity and refreshed on a short cycle, not a tick-by-tick feed from FxPro's execution venue. It is published so you can see roughly where gold is trading before you open an order ticket, and the reference level is around 4275.0. The delay between the underlying market and the number on screen depends on the aggregation and delivery path, so treat it as a close approximation rather than the exact price your order will meet.

Latency matters most when gold is moving fast, because a quote that lags the live market by even a short interval can sit several dollars away from where FxPro is actually quoting. One pip in XAU/USD is 0.01, so a move of a few dollars is hundreds of pips, and that gap is the difference between the level you planned around and the level you get. Use this page for context and the platform for execution, and never size a position on the assumption that the displayed reference is fillable.

The practical consequence for a trader funding through GCash or bank transfer in the Philippines is that the reference price tells you the market, not your cost. Your fill depends on the broker's bid or ask at the moment the order reaches the venue, plus the spread and any slippage in a fast market. Check the live quote inside MT4, MT5, cTrader or the FxPro app before you commit, because that is the number your peso-funded account will actually be measured against.

Why an FxPro gold quote and a public reference price are never the same number

A broker's quote differs from a public reference because the broker is pricing a tradeable two-way market for its own clients, while a reference feed is a single indicative mid-market level. FxPro's quote carries the cost of doing business, the liquidity it can actually access, and the risk it takes on while holding your position, so it will sit above or below the reference depending on direction. The reference is a benchmark; the broker quote is an offer you can accept or reject.

The size of the difference depends on the liquidity available at that moment, the time of day, and the instrument's volatility, not on a fixed formula. Gold liquidity thins outside the main London and New York sessions, which for a Philippine trader often means the evening and early morning local hours, and a thinner book widens the gap between the reference and the tradeable quote. News releases and geopolitical shocks have the same effect, sometimes more sharply.

For a 0.10-lot gold position, which is 10 oz, every dollar of price difference is $10 of profit or loss, so the gap between reference and broker quote is real money on your ticket. The lesson is not that one number is wrong but that they answer different questions. Use the reference to understand the market and the FxPro platform quote to understand your entry, and expect the two to converge only when liquidity is deep and conditions are calm.

Bid, ask and the gap between them on a gold quote

The bid is the price at which the broker will buy gold from you, and the ask is the price at which it will sell gold to you, so a long position opens at the ask and closes at the bid. The gap between the two is the spread, and it is the immediate cost of entering a trade. On XAU/USD the spread is quoted in dollars and cents, and because one pip is 0.01, a spread of a few cents is a measurable number of pips against you from the first moment.

The spread is not a fixed charge; it widens when liquidity is thin, when volatility spikes, and around scheduled data releases, and it narrows when the market is deep and orderly. FxPro's pricing reflects the liquidity it can source, so the bid-ask gap you see at 9 p.m. Philippine time may be wider than the one you see during the London session. That is normal market behaviour, not a malfunction, and it is why the same position can cost more to open at some hours than others.

You cross the spread once on entry and once on exit, so the round-trip cost is roughly twice the gap at the prevailing market, plus any slippage. On a 0.10-lot position, a two-cent spread equals $2 per side, or about ₱110 at typical exchange rates, which is a useful way to think about it. Check the live bid and ask in the platform rather than assuming the reference mid is what you will trade against.

What a stale gold quote looks like in the platform and how to respond

A stale quote is one that has stopped updating while the market is still moving, and it usually shows up as a bid-ask pair that sits unchanged through several seconds of visible volatility, or a chart that freezes while the time axis advances. In MT4, MT5, cTrader or the FxPro app the symptom is a price that does not tick when the market does, or a spread that has collapsed to an implausible width. It can come from a connectivity problem on your side or a feed interruption on the broker's.

The right response is to stop trading on that quote and check your connection first, then compare the platform price with this reference page or another independent source. If the platform is frozen, do not send a market order expecting a predictable fill, because the order will execute at whatever price is available when it reaches the venue, which may be far from the number you saw. Restart the platform, confirm the feed is live, and only then consider an order.

For a Philippine trader on a mobile connection, staleness often appears during commuting hours or bad weather when data drops intermittently. Keep the FxPro app and a desktop terminal available as a cross-check, and avoid placing orders in the first moments after a reconnect. A quote that looks too good, with a bid and ask far tighter than the market around it, is more likely stale than generous, and treating it as real is how avoidable losses happen.

How often this reference refreshes and what a stale reading looks like here

This page refreshes the reference price on a short interval during the trading week, so the number you see should be close to the current market most of the time. The refresh is not a guarantee of tick-by-tick accuracy, and during very fast markets the displayed value can briefly lag the underlying feed. The change indicator and timestamp are your signal: if the timestamp has not moved while gold is clearly active elsewhere, the reading is stale.

A stale reading on this page looks like a price that holds still through a period when the platform quote is moving, or a change figure that stays at zero while headlines are moving the market. It can happen around the daily rollover, during feed maintenance, or when your own browser or device has lost its connection. Refresh the page manually and compare with the FxPro platform before you rely on it for any decision.

The reference is a context tool, so a stale reading is inconvenient rather than dangerous, provided you do not trade from it. The dangerous version is a stale quote inside the order ticket, because that is where money changes hands. Keep the two roles separate: use this page to orient yourself, and use the live bid and ask in MT4, MT5, cTrader or the FxPro app to decide, size and execute.

Spot reference versus FxPro tradeable quote: which number your gold order fills against

Your order fills against FxPro's tradeable quote, not against the spot reference on this page. The reference is an indicative mid-market level assembled for information, while the broker's bid and ask are the prices at which it will actually transact with you. When you buy, you pay the ask; when you sell, you receive the bid; and the reference sits between them as a rough midpoint. That distinction is the single most important thing to understand about any live price page.

The difference matters most when you are calculating risk. A 0.10-lot gold position is 10 oz, so a one-dollar move is $10, and the spread plus any slippage is deducted from your result from the outset. If you plan an entry around the reference price and the platform ask is a few dollars higher, your stop distance and position size are already wrong. Build your plan from the platform quote, and treat the reference as the market backdrop.

FxPro serves the Philippines through the FxPro entity that serves this country, and that entity's pricing is what your account trades against. FxPro is licensed by the FCA (UK) and CySEC, not by the SEC of the Philippines, so your recourse and protections follow the licensing of the serving entity rather than local regulation. Confirm the live quote and the applicable terms inside your account before you commit funds.