What time is gold swap charged?

At the broker rollover, most commonly 22:00 UTC, though platform server time may display it as 23:59 or 00:00 depending on the offset.

Why is Wednesday swap on gold triple?

Wednesday rollover carries the value date over the weekend, so three nights of financing are applied in one charge.

Can gold swap be positive?

Yes. Short gold positions sometimes earn a credit depending on dollar rates, gold lease rates and the broker markup, but many brokers debit both sides.

Does a swap-free account remove the cost?

It removes the nightly line item, usually replaced by a wider spread or an administration fee after a set number of days. Compare the total cost, not the label.

WHAT IS A GOLD SWAP?

A gold swap is the overnight financing adjustment a broker applies to a XAUUSD position that is still open at the daily rollover, most commonly 22:00 UTC. The figure is quoted per lot per night inside the MetaTrader 5 symbol specification and reflects dollar interest rates, gold lease rates and the broker markup, with long gold usually the debit side.

Wednesday rollover normally carries triple swap because the value date rolls across the weekend. Intraday gold strategies that close before rollover are unaffected, but a six-week position trade can pay more in swap than in spread and commission combined, so the nightly cost should be modelled against the target before entry.