Live gold price (XAU/USD)

What the spot number actually is

The spot price is the current market price for one troy ounce of gold in US dollars, quoted as XAU/USD. It is set by trading across global venues rather than by a single exchange, so the number you see is a representative quote from the liquidity the broker can access, not a government or central-bank fixing.

Because gold is a dollar-priced asset, the XAU/USD quote already bundles two things: the demand for gold and the strength of the US dollar. A Philippine trader watching the peso value of gold is therefore watching three variables at once, the dollar gold price, the USD/PHP rate, and the cost of the trade itself.

Why the broker's price differs from other quotes

The broker's price differs from other quotes because it includes the spread, the gap between the bid you sell at and the ask you buy at. That gap is how the broker and its liquidity providers are compensated, and it is not a fixed constant: it widens when liquidity thins and narrows when the market is deep.

The spread is only part of the cost. Depending on the account type and the platform, a commission may apply, and a position held past the daily cut is subject to financing. None of these are the same for every trader, which is why the calculators here take your inputs rather than assuming a number.

How to read the change and the refresh

The change figure compares the current price with the previous reference point, so it tells you the direction and size of the move over that window, not a prediction. A refresh simply updates the quote as new trades print; a stale price during a quiet session is normal, and a fast-moving price during a news release is also normal.

Read the change together with the session. A move during the deep liquidity window is more reliable as a signal than the same move during thin hours, when a few orders can push the quote around. If the number looks jumpy, check the clock before you act on it.

How this price feeds the calculators

This price is the input that makes the calculators specific. Position size uses it to convert your risk in pesos into lots; pip value uses it to price one 0.01 move; margin uses it to value the notional position before applying the leverage cap; profit and loss uses it as the entry or exit leg.

That is why the tools sit next to the live price rather than in a separate section. You read the quote, enter your stop and risk, and the calculators return the size and cost that go with that quote. When the price moves, rerun the numbers rather than reusing an old size.

Where the live XAU/USD figure originates and what its delay means for you

The number on this page is a market-data feed pulled from interbank and institutional gold quotes, not a price set by Manila Floor or by FxPro. It is compiled from wholesale XAU/USD liquidity and timestamped at the source, then delivered to your screen over the internet. The delay between the wholesale quote and the figure you see depends on your connection, the feed's aggregation interval and the page's refresh cycle, so treat it as a recent reference rather than a millisecond snapshot of the order book.

Latency matters most when gold is moving quickly, because a quote that is a few seconds old can already be several pips away from where an order would fill. One pip in XAU/USD is 0.01, and with 1 standard lot representing 100 oz, each pip moves roughly $1 per lot; a short delay during a news spike can therefore make the displayed figure look better than the tradeable market. Use the live page to orient yourself, then confirm the executable price inside MT4, MT5, cTrader or the FxPro app before you act.

The feed is not a promise of execution and carries no guarantee of uptime or exactness. If your screen freezes or the timestamp stops advancing, the figure is no longer a reliable guide and the broker platform becomes the authoritative quote. In the Philippines, where funding runs through GCash or bank transfer and the peso equivalent of your margin moves with USD/PHP, a stale gold quote adds a second layer of uncertainty, so check both the platform price and your available balance before sizing a position.

Why an FxPro gold quote and a reference price are never identical

A broker's XAU/USD quote differs from a reference price because the two are built for different jobs. A reference feed aggregates wholesale liquidity to describe the market; a broker quotes the price at which it will actually take the other side of your trade, after adding its own markup and adjusting for the liquidity it can access at that moment. The gap is not an error on either side, it is the difference between a description of the market and a tradeable offer inside it.

The size of that difference depends on the broker's business model, the liquidity providers behind its gold book, the size of the order you are placing and the time of day. It is not a fixed number you can look up, and it can widen when liquidity thins or volatility rises. What you can rely on is that the platform quote is the one your order fills against, while the reference figure on this page is context for judging direction, not a price you can transact at.

FxPro serves Philippine clients through the entity that covers this country and is licensed by the FCA in the UK and CySEC, not by the SEC of the Philippines. That regulatory structure does not change the mechanics of the quote: your order still fills at the broker's bid or ask, not at the reference number. Read the two side by side to understand the market, but treat the platform's tradeable quote as the only figure that determines your entry, exit and profit or loss in pesos.

Bid, ask and the spread you pay on every gold position

Every XAU/USD quote is really two prices: the bid, at which you can sell, and the ask, at which you can buy. The difference between them is the spread, and it is the first cost you meet on any trade. Open a long position and you start on the ask; to break even the bid must rise to that level. The spread is not a fee deducted separately, it is built into the quote, which is why the position shows a small loss the moment it is opened.

What the spread consists of depends on the broker's markup and the underlying liquidity conditions, and it can change through the session. On gold, one pip is 0.01, and with 1 standard lot equal to 100 oz, each pip is worth about $1 per lot; a 0.10-lot position therefore moves roughly $0.10 per pip. Those pip values let you translate the spread into pesos at the prevailing USD/PHP rate, but the spread itself is quoted by the platform and should be checked there rather than assumed from this page.

The practical consequence is that short-term trading must clear the spread before it profits. A strategy targeting a few pips per trade on a 0.10-lot gold position is competing against a cost that is visible only as the gap between bid and ask. Before you commit capital funded through GCash or bank transfer, look at the live bid and ask on MT4, MT5, cTrader or the FxPro app, note the gap, and decide whether your expected move is large enough to absorb it.

How a stale gold quote shows up on screen and the steps to take

A stale quote looks like a price that has stopped responding to the market: the timestamp no longer advances, the bid and ask freeze at the same values while other instruments move, or the change figure stays pinned at zero through an active session. On this page, a stalled refresh or an unchanging figure during obvious volatility is the clearest signal. In the trading platform, a frozen quote may also appear as a widened spread or a rejected order, because the broker will not fill against a price it cannot verify.

The response is to stop treating the frozen number as current. Refresh the page or restart the platform feed, compare the figure with an independent source, and if the discrepancy persists, contact the broker's support rather than sending an order into an uncertain quote. Never assume a stale price is an opportunity; if the market has moved, the fill will happen at the live price, which may be far from what you saw, and a market order can slip significantly during a fast move.

Staleness is more likely during low-liquidity periods, network problems or scheduled maintenance, and it can affect the reference page and the platform differently. For a Philippine trader whose account is funded in pesos via GCash or bank transfer, the safest habit is to verify the live quote inside MT4, MT5, cTrader or the FxPro app immediately before every order. The reference page is a convenience, not an execution venue, and it should never be the sole basis for a trade.

Refresh cadence of this figure and the signs that it has fallen behind

This figure refreshes on a short cycle driven by the underlying feed, but the exact interval is not a fixed promise and depends on the data provider and your connection. What matters is not the number of seconds between updates but whether the timestamp is advancing and whether the price responds when the market moves. A page that updates regularly but shows an unchanging price during an active session is effectively stale even if the clock is ticking.

A stale figure reveals itself through inconsistency: the change value stays at zero while related instruments move, the bid and ask on the platform diverge sharply from the page, or the refresh indicator stops. Because gold can move several pips in seconds, a figure that is even briefly behind can mislead a trader who acts on it. The reliable check is to compare the page against the live platform quote at the moment you intend to trade, not minutes earlier.

No public price page can guarantee real-time accuracy, and this one is no exception. Treat the refresh as a guide to freshness, not a certification of it. If you need certainty, the platform quote inside MT4, MT5, cTrader or the FxPro app is the number your order will fill against. That distinction matters in the Philippines, where the peso value of a gold position also depends on USD/PHP, so a stale gold figure compounds the uncertainty rather than standing alone.

Spot reference versus tradeable quote: which one your order actually fills against

Your order fills against the broker's tradeable quote, never against the spot reference on this page. The reference describes the wholesale market; the broker's bid and ask are the prices at which FxPro will accept your trade, after its markup and liquidity arrangements. When you buy, you pay the ask; when you sell, you receive the bid. The reference figure can tell you where the market is broadly trading, but it cannot be the price of your transaction because it is not an offer to trade.

The difference between the two is not a fixed amount and depends on the broker's pricing, the size of your order and market conditions at the moment of execution. It can be small in calm conditions and wider when liquidity is thin. This is why a trader who watches only the reference page may be surprised by the fill price. The disciplined approach is to read the reference for direction, then check the platform's bid and ask for the actual cost before clicking buy or sell.

FxPro is licensed by the FCA in the UK and CySEC, not by the SEC of the Philippines, and the entity serving this country applies the leverage cap that covers Philippine clients. That cap is a maximum, not a target, and it shapes how much margin a position requires: at the applicable cap, a 0.10-lot gold position needs about $85.50 margin. Your fill price, however, comes from the tradeable quote, so confirm it on MT4, MT5, cTrader or the FxPro app before you commit funds.