What is the best broker for XAU/USD (Gold) trading?
Exness offers the tightest gold spreads from 0.05 pips on raw accounts with instant execution. IC Markets and Pepperstone are also excellent choices for gold trading with deep liquidity.
What hours can I trade gold (XAU/USD)?
Gold trades 23 hours a day, 5 days a week (Mon–Fri). It's most active during the London session (8am–5pm GMT) and New York session (1pm–10pm GMT). There is a 1-hour daily break at 10pm–11pm GMT.
What moves the price of gold?
Gold prices are primarily driven by US Dollar strength (inverse correlation), Federal Reserve interest rate expectations, inflation data, geopolitical risk, and central bank demand. A weaker USD typically pushes gold higher.