GOLD247 is Eightcap's Gold/USD CFD that trades around the clock, seven days a week. When gold moves on a Saturday night, you don't have to wait until Monday to respond.

Most gold CFDs close on Friday evening and reopen Monday morning. But markets don't follow that schedule. Economic data, policy decisions and global developments can shift gold prices at any time. GOLD247 gives eligible clients continuous access, so you can open, manage and close positions outside the conventional trading week.

Here's what you'll learn:

• What GOLD247 is and how it works
• How it differs from standard XAU/USD CFDs
• What weekend trading conditions look like
• How to get started on MT4 and MT5

CFDs are leveraged products and carry a high risk of losing money rapidly. GOLD247 gives you exposure to the price of gold. It does not give you ownership of physical gold.

GOLD247 is Eightcap's 24/7 Gold/USD CFD. It tracks the price of gold against the US dollar and is built for traders who want continuous market access without the usual weekend halt.

Unlike conventional gold instruments limited to weekday hours, GOLD247 is available seven days a week. Eligible traders can respond to price movements and manage positions across the weekend.

It's a separate instrument from Eightcap's standard XAU/USD CFD, with its own contract specifications, pricing and trading conditions.

Gold is one of the most watched assets in the world. It reacts to inflation data, central bank policy, currency shifts and broader market sentiment. These events don't wait for a Monday-to-Friday schedule.

With a standard gold CFD, holding a position over the weekend means you can't manage it if conditions change. GOLD247 removes that constraint. Whether markets react to a Sunday announcement or you simply prefer to trade during hours that suit you, GOLD247 gives you the flexibility to do so.

This matters for traders in time zones where standard market hours fall overnight or early morning. A product that runs 24 hours a day, seven days a week, means you can participate when it works for you.

Respond to weekend developments

Global events don't always happen during market hours. GOLD247 lets eligible clients act without waiting for weekday gold markets to reopen.

Manage positions seven days a week

Open, modify or close GOLD247 positions across the weekend, subject to the applicable trading and execution conditions.

Trade on MT4 and MT5

Access charts, technical indicators, order types and platform-based risk-management tools.

Choose smaller position increments

GOLD247 has a minimum volume step of 0.01, giving you flexibility on position size. The right size depends on your available margin, risk tolerance and strategy.

Yes. Eligible Eightcap clients can trade GOLD247 on Saturdays and Sundays, as well as throughout the conventional trading week.

Most established gold venues run from Sunday evening to Friday, with activity concentrated across the Asian, European and US sessions. The global gold market spans physical, over-the-counter and exchange-traded venues, each with its own structure and hours. The London OTC market and COMEX futures market play especially important roles in global gold trading and price discovery, according to the World Gold Council.

GOLD247 provides access to a separate Gold/USD CFD when these primary underlying markets may be closed. As a result, weekend pricing, liquidity, spreads and volatility may differ from weekday conditions.

The biggest difference is trading hours. Standard gold CFDs on most platforms are limited to weekday sessions, typically following the hours of major commodity exchanges. GOLD247 runs continuously, giving you access to the market at any time.

Beyond hours, GOLD247 carries no commission on either Standard or RAW account types. Swap rates are dynamic, meaning they adjust to market conditions rather than sitting at a fixed rate.

No. GOLD247 and Eightcap's standard XAU/USD CFD both give exposure to the price of gold against the US dollar, but they are separate instruments with different specifications and trading schedules.

The principal difference is availability. GOLD247 can be traded seven days a week, including Saturday and Sunday, while conventional XAU/USD trading generally follows weekday gold-market hours.

Contract sizes, leverage, pricing, spreads, swaps and other conditions may also differ. Always check the specifications for the selected symbol before opening a position.

Here's a full breakdown of the GOLD247 product specifications:

They can be. The major physical, OTC and futures gold markets may be closed or less active over the weekend. This can affect the liquidity and price information available for a weekend CFD.

Weekend trading conditions may involve:

• Lower liquidity
• Wider or more variable spreads
• Greater short-term volatility
• Different pricing from weekday XAU/USD markets
• Increased slippage or execution risk
• Price adjustments when major underlying markets reopen

Orders may be executed at a different price from the one you requested, particularly when markets are volatile or liquidity is limited. Risk-management orders can help you manage exposure, but they do not assure execution at a particular price.

Gold prices respond to a wide range of economic, financial and geopolitical factors, including:

• US dollar movements
• Interest rates and bond yields
• Inflation expectations
• Central bank policy
• Central bank gold purchases
• Broad market uncertainty
• Investor risk sentiment
• Physical and investment demand
• Mine supply and recycling
• Futures and derivatives positioning

Because GOLD247 is quoted against the US dollar, dollar movements can affect its price. A stronger US dollar can make dollar-denominated gold more expensive for buyers using other currencies, while a weaker dollar can have the opposite effect. This relationship isn't fixed, and other factors may carry more weight at any given time.

Eligible clients can access GOLD247 through MT4 or MT5. Here's how:

1. Open or log in to an eligible Eightcap trading account.
2. Choose your platform. GOLD247 is available on both MT4 and MT5.
3. Search for GOLD247. Find it in the Market Watch window using the symbol GOLD247.
4. Review the specifications.
5. Start trading!