Gold price in pounds (XAUGBP) — live chart
Follow the live Gold / British Pound price and chart, check the contract specifications and see what moves XAUGBP.
Chart and quote are a third-party TradingView feed for information only and can differ slightly from Xellion's MT5 prices.
About Gold / British Pound
Gold / British Pound (XAUGBP) expresses the value of gold in sterling, with the quote showing how many British pounds correspond to a troy ounce of gold. As a metals instrument, it combines exposure to movements in gold with changes in the pound, rather than presenting gold solely in US dollar terms.
XAUGBP is distinctive because sterling movements can reinforce or offset changes in gold’s US dollar price. A stronger pound can weigh on the sterling gold quote, while a weaker pound can support it, other factors being equal. This interaction makes both the global gold market and UK monetary conditions relevant to understanding the instrument.
On Xellion’s MT5 platform, XAUGBP is traded as a CFD, allowing a position to be long or short without owning the underlying gold. The contract size is 100 troy oz, and trading runs nearly 24 hours, Monday to Friday, with a short daily break. Leverage magnifies both gains and losses.
What moves the price
- Global gold demand and investment flows
- Sterling movements against the US dollar
- Interest-rate expectations and real yields
- Inflation expectations and currency purchasing power
- Geopolitical uncertainty and safe-haven demand
- Mine supply, recycling and central-bank gold activity
| Symbol | XAUGBP |
|---|---|
| Contract size | 100 troy oz |
| Leverage | Up to 1:2000 |
| Trading hours | Nearly 24 hours, Monday to Friday, with a short daily break |
Live spreads and swaps are shown in MT5. Exact session times are in the MT5 contract specification; leverage depends on your account and country.
XAUGBP questions
What does the XAUGBP quote represent?
XAUGBP shows the price of a troy ounce of gold expressed in British pounds. It is a sterling-based gold quote, so its movements reflect both the value of gold and changes in the pound.
Why can XAUGBP move differently from gold priced in US dollars?
The sterling exchange rate adds a currency component to XAUGBP. If gold’s dollar price is unchanged, a stronger pound can lower its sterling price, while a weaker pound can raise it, other factors being equal.
Do I own gold when trading XAUGBP on Xellion?
No. XAUGBP is traded as a CFD on Xellion’s MT5 platform, so you can hold a long or short position without owning physical gold. The stated contract size is 100 troy oz; the CFD does not confer ownership of bullion.
When is XAUGBP available to trade?
XAUGBP trading hours are nearly 24 hours, Monday to Friday, with a short daily break. This schedule is not uninterrupted: positions may remain exposed to price changes while trading is closed, and prices can differ when trading resumes.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Charts and prices on this page come from TradingView for information only and are not investment advice. Risk disclosure