How much does the spread cost on one gold trade?

Spread in dollars per ounce multiplied by ounces controlled, plus commission. A 30-cent spread on 0.20 lots is $6.00 plus $1.40 commission.

Is a 30-cent gold spread expensive?

It depends on frequency. At one round turn a day on 0.20 lots it is under $2,000 a year; at ten a day it is over $18,000.

When are XAUUSD spreads widest?

At the daily rollover near 21:00 UTC and around 13:30 UTC US data releases. They are tightest in the London and New York overlap.

Does spread cost appear in my trade history?

Only indirectly, embedded in the entry price, which is why it is the most overlooked cost.

Gold Spread Cost Calculator for XAUUSD Frequency

Cost per round turn is the spread in dollars per ounce multiplied by ounces controlled, plus commission per lot; multiply by frequency for the annual bill.

High frequency on gold is expensive because contract size is one hundred ounces, so a 30-cent spread on 0.20 lots is $6.00 every round turn.