Gold · XAUUSD · explained without the sales pitch
One standard lot of gold is 3.1 kilograms of metal and $100 for every dollar the price moves. Gold swings $20 to $40 on an ordinary day. Those two sentences explain most blown gold accounts — and this site covers the rest: what actually drives the price, what a pip is really worth, whether it is permitted where you live, and whether it is halal.
Figures from company income disclosures and consumer-protection reviews.
Pip values, lot sizes and daily ranges worked through in dollars, so you can size a position from risk instead of habit.
Whether gold CFDs are halal, and whether trading XAUUSD offshore is permitted where you live. Both answered properly, including when the answer is no.
A referral commission is earned if you open an account through a link here. That is why every method on this site works without trusting us.
What the symbol means, whether it is forex or a commodity, and how much metal you are actually trading.
→The religious arguments laid out fairly, and the Indian rules that most promoters get wrong.
→Pip values, lot sizes, and the arithmetic that decides whether your account survives an ordinary day.
→XAUUSD is the price of one ounce of gold in US dollars. What the symbol means, whether it counts as forex or a commodity, how much metal one lot represents, and what you are actually buying.
Rules & ReligionScholars disagree, and the disagreement is specific rather than vague. The rules on gold in Islamic finance, why leveraged CFDs complicate them, what a swap-free account does and does not solve.
Rules & ReligionGold trading is legal in India on Indian exchanges. Trading XAUUSD through an offshore broker is a different question with a different answer — and the difference matters a great deal.
Trading MechanicsWhat a pip is worth on gold, what each lot size costs you per point of movement, and why a position size that is cautious on EUR/USD can be reckless on XAUUSD.
Ask it. Questions about risk, costs, or whether you should be trading gold at all get a straight answer.
