Buy price
4,061.01
4,061.01
4,060.76
Information regarding past performance is not a reliable indicator of future performance.
Gold closed the week near $3,880, its lowest level in a year and down about 3% on the week, as markets price an 80% chance of another Fed hike at the next meeting. Gold pays no interest, so hike expectations and higher bond yields weigh on it.
The broken support zone near $4,010 now acts as resistance. Gold is about 30% below its Q1 record near $5,600.
Levels for 2 to 6 Nov: Support 3,870 and 3,800. Resistance 3,975 and 4,010.
Next catalyst: US jobs data on 6 Nov
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Add money to your wallet via card, bank transfer, or crypto.
Choose XAUUSD, set the amount, and click buy or sell — that’s it!
Market open
Gold
XAUUSD
4,060.89
Charging Schedule
| Day | Time | Buy | Sell |
|---|---|---|---|
| Mon | 22:00 | -0.0331% | -0.0088% |
| Tue | 22:00 | -0.0331% | -0.0088% |
| Wed | 22:00 | -0.0331% | -0.0088% |
| Thu | 22:00 | -0.0331% | -0.0088% |
| Fri | 22:00 | -0.0992% | -0.0264% |
| Sat | - | - | - |
| Sun | - | - | - |
FAQ
XAU is the international code for gold, and USD stands for the US dollar. The XAU/USD quote shows how many dollars one troy ounce of gold costs. A troy ounce is about 31.1 grams.
On IQ Option, gold trades Monday to Thursday from 01:00 to 23:59 and on Friday from 01:00 to 23:45, platform time (UTC+3). The market is closed on Saturday and Sunday.
Most traders count 1 pip in XAU/USD as a $0.10 change in the gold price. A standard lot is 100 ounces, so on 0.01 lot (1 ounce) one pip is worth $0.10. On IQ Option, your result depends on the percentage move. For example, $10 with x100 leverage opens a $1,000 position, so a 1% rise in gold earns $10 and a 1% fall loses $10.
Gold trading carries risks like sudden price swings, leverage losses, and market volatility. Political events, interest rates, and global demand can affect prices, so strong risk management and awareness are essential.
Gold is usually most active when the London and New York sessions overlap, from about 13:00 to 17:00 UTC. Major US data releases in that window often bring the biggest price moves.
The minimum deposit on IQ Option is $10, and a gold trade can be opened from $1. Leverage makes the position larger than the amount you put in, so profits and losses grow in the same proportion.