Monetary and investment demand
Gold can respond to real yields, the US dollar, reserve demand, investment flows and physical demand.
- Real yields and the US dollar
- Investment and reserve demand
- Jewellery and physical supply
Explore available gold, silver, platinum and palladium CFDs through the MetaTrader suite, with clear context around quote structure, costs and risk.
Product availability and account eligibility vary. Confirm the current RG product schedule before opening a position.
Illustrative price path—not a current market quote.
Review pricing and fees4 productsMetals in focusFour precious metals
MT4 + MT5MetaTrader suiteDesktop + mobile
Long / ShortTwo-way exposureRising or falling
VisibleProduct contextCosts, specs and risk
Start with product and quote basics on this page, then continue into RG Learn for market, execution and session context.
Move from gold and silver to platinum and palladium, with current RG product context kept close to the market story.
Gold can respond to monetary expectations, investment demand, jewellery demand and changes in physical supply.
Review trading hours, maintenance, contract size, minimum volume, leverage, floating-spread references, commission and overnight financing.
XAU/USD is commonly used to describe a gold reference quoted in US dollars. A metals CFD provides exposure to changes in the applicable reference price without transferring ownership of physical metal.
Display precision, tick size, contract size and trading unit depend on the applicable RG product specification.
The gold reference price rises by $5.00 in this learning example.
Educational illustration—not a current market quote or RG contract specification.Metals share some market forces, but their demand structures are not identical. Choose a lens to see how different drivers enter the story.



Gold can respond to real yields, the US dollar, reserve demand, investment flows and physical demand.
Use a recent market context to examine the changing relationship between rate expectations, the US dollar and attention on gold.
Metals prices absorb changing expectations about policy, currencies, investment demand and physical supply.
Rate expectations can change the relative appeal of assets that do not pay interest.
Many metals are dollar-quoted, although the relationship changes over time.
Policy, geopolitics and positioning can reshape demand and volatility.
Manufacturing and energy technologies can matter especially for silver.
Production, recycling and transport disruption can affect market balance.
Fast markets and major releases can change spreads and execution.
From Asian physical demand to London liquidity and New York data and futures activity, metals context changes throughout the global trading day.
Physical demand, currencies and regional data enter the market context.
The European session often adds cross-market liquidity and price-discovery context.
US data, the dollar and futures activity can reshape volatility and execution conditions.
This is not a product-hours schedule. Daily breaks, holidays and exact trading hours must be confirmed in the applicable RG product specification.
Use the educational model to connect the metal, direction, price movement and execution context while confirming margin at instrument level.
This page does not present a universal margin formula. Margin is not a fee or maximum possible loss; confirm the applicable instrument, account and live requirement before trading.
Simplified gross result for the selected long direction.
Simplified gross result for the selected long direction.
03 · Execution and total-cost contextYour requested price may differ from your fill
Orders use available market liquidity. During fast markets, lower liquidity or price gaps, the final fill may differ from the requested price. Slippage can be favourable, adverse or zero.
Fill difference+0.50 USD
Quote-currency effect−US$2.08
Selected-direction resultAdverse
This illustration does not predict an order fill and does not include spread, commission, overnight financing, currency conversion or slippage unless explicitly shown. These may reduce a gain or increase a loss.
Educational illustration—not an order ticket. Spread, commission, financing, slippage, conversion, tax and other costs are excluded. Actual leverage depends on the instrument, account, entity and jurisdiction.
Compare our four account routes, then confirm the complete cost on our Pricing & Fees page. Floating spreads, commissions, eligibility and product availability can vary.
Spread-led pricing for current metals.
Raw metals pricing with commission separate.
Metals conditions confirmed by manual review.
Focused sizing for eligible Cent metals.
September 2026 schedule references—not live, typical or guaranteed pricing. New metals orders may be limited to 1:200 during defined periods; existing positions are unaffected. Final conditions follow the live platform and current specification.
Compare the MetaTrader platform and device routes available for Metals before registering. The secure client portal then shows the options available for your account.
Use charts, watchlists and order tools to manage the metals workflow on a supported Windows device.
RG does not currently provide WebTrader or a native macOS application. A Mac may be able to run the Windows desktop application through a separately installed Windows environment or third-party virtualisation software, but compatibility and performance are not guaranteed. Confirm current requirements with RG Support; supported mobile apps may provide an alternative.
Platform, device, product and feature availability depends on account route, entity, jurisdiction and device.

You can trade Metals CFDs directly through MT4 or MT5. Where available, RockCopy offers a separate way to review strategy providers whose activity may include metals markets. Compare their history, drawdown, metals exposure, controls and costs before you decide whether to allocate funds.
Illustrative interface, not a real provider or recommendation. Past performance does not guarantee future results.
Metals CFDs are leveraged products and do not provide ownership, custody or delivery of physical metals.
Leverage enables exposure larger than margin committed, and losses can develop quickly.
Review the disclosure02Policy, geopolitics and positioning can produce rapid price movement.
Read the market context03Spreads and available liquidity can change in fast or quieter markets.
Read the execution insight04Positions held through the applicable rollover may incur or receive financing adjustments. Currency-conversion charges may also apply.
Review pricing and fees05A CFD does not represent ownership, custody or delivery of physical metals.
Review the disclosure06Links with currencies, yields or inflation can weaken or reverse.
Read the market context
Market news
Use a recent market context to examine rate expectations, the US dollar and attention on gold.
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Market insight
See how liquidity, order size and market speed can affect execution.
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Market insight
Understand what order-book information can show and where its limits remain.
Continue learningA metals CFD provides exposure to changes in an available gold, silver or other metals reference price without physical ownership, custody or delivery.
Not exactly. Both can respond to the US dollar, rate expectations and risk sentiment, while silver may also reflect industrial demand and supply conditions more directly. Historical relationships do not guarantee future outcomes.
Applicable costs may include spread, commission, overnight financing and currency conversion. Actual charges, contract size and trading hours must be confirmed against the relevant RG product specification.
Where available, a demo account can help you understand MT5, illustrative pricing and order controls with simulated funds before considering a live account.
Start a live application or learn the platform first through a demo account.
Reviewed by RG Product & Compliance. Last reviewed: 23 Aug 2026.