Live gold price

What the spot price is

The spot gold price is the current market price for one troy ounce of gold quoted in US dollars. It is set continuously by over-the-counter trading between banks, refiners and large institutions, with the main hubs in London and New York. For a Kenyan trader, this dollar price is what gets converted to shillings when you calculate profit or loss.

One standard lot of XAU/USD is 100 ounces, so a spot price of 4275.0 means one lot has a notional value of about $427,500. The pip size is 0.01, which is one cent of price movement. That small increment is what the calculators here use to turn price changes into money.

Why the broker’s price differs

Your broker’s gold quote is never exactly the spot price. FxPro, like all brokers, adds a spread: the difference between the buy (ask) and sell (bid) price. The spread is the main cost of a gold trade that is opened and closed within the same day, and it is not a fixed number.

The spread depends on market liquidity and volatility. During the London–New York overlap it tends to be narrower, and during thin hours or major news it can widen sharply. Because the spread is variable, the live price on this page is indicative, not a guaranteed execution price.

How to read the change and refresh

The live price updates every few seconds, but the change shown is usually against the previous day’s close in New York. A move of 10 pips (0.10 in price) on one standard lot is worth about $10. On a 0.10 lot it is worth about $1. Convert that to shillings at the current USD/KES rate to see your real risk.

When you refresh, the price may jump by several pips. That is normal in a liquid market, but it also means a market order can be filled at a slightly different price than the one you saw. Use limit orders if you need a specific entry.

How this price feeds the calculators

The calculators on this site do not need a live feed to be useful. You can enter any gold price — the current spot, your expected entry, or a stop-loss level — and the tools will compute position size, pip value, margin and profit in shillings.

For pivot points, the calculator uses the prior session’s high, low and close, which you can take from the live price page. That keeps the whole toolkit consistent: one price source, five tools, no guesswork.

Where the gold price on this page comes from and how much its delay matters

The figure shown here is a spot reference for XAU/USD pulled from a market data feed and rendered on the page, not a quote generated by your broker. It tracks the internationally traded price of one troy ounce of gold in US dollars, which is why the number sits near 4275.0 rather than at a shilling amount. The feed aggregates wholesale interbank pricing, so what you see is a market snapshot with a short transmission delay between the source and your screen.

Latency on a page like this is measured in seconds, not milliseconds, and that gap widens on a slow mobile connection or when the browser tab has been idle. For a reference number used to sanity-check a position or size a trade, a few seconds of delay is harmless. For an entry you intend to place at this exact tick, it is not, because the market can move several dollars in the time it takes the page to repaint. Treat the figure as context, not as an execution price.

The number is denominated in US dollars, so any conversion to KSh happens separately at whatever rate your bank or payment route applies when you move money, not on this page. Funding through M-Pesa reaches your broker in shillings and is converted on the broker's side. That means the shilling cost of a gold position depends on the USD/KSh rate at the moment of funding, which is a second variable sitting on top of the gold price itself.

Why your broker's gold quote will not match this reference figure

A broker's quote differs from a reference price because the broker is quoting its own tradeable market, built from its liquidity providers, its own risk management and the account type you hold. The reference here reflects a broad wholesale consensus; the broker's number reflects what it will actually transact with you at, after its own book and hedging are accounted for. Two brokers can both be accurate and still show different numbers for the same second.

The gap also depends on the instrument wrapper. A spot gold contract, a gold CFD and a gold futures position all have different underlying mechanics even though they track the same metal. FxPro offers gold as a leveraged contract on MT4, MT5, cTrader and the FxPro app, and the price on those platforms is the price your order interacts with. The figure on this page never is, no matter how close the two happen to look at any given moment.

Account tier, order size and the time of day all shift the broker's quote relative to the reference. Around major US data releases and at the daily rollover, the broker's feed will typically widen and can briefly diverge from the reference by more than usual. None of that is an error on either side; it is the normal difference between a published snapshot and a live two-way market you can trade against.

Bid, ask and what the gap between them costs you

Every tradeable gold quote has two sides: the bid, which is what the broker will pay you if you sell, and the ask, which is what you pay if you buy. The ask is always the higher of the two. The distance between them is the spread, and it is the first cost you meet on any position because you open at the less favourable side and must cross the gap before the trade is in profit.

On gold quoted as XAU/USD with a pip defined as 0.01, the spread is expressed in those increments, and on a standard lot of 100 oz each 0.01 of movement is worth $1. What the spread actually consists of depends on the broker's pricing model: raw spreads plus a separate commission on one account type, or a single wider spread with no commission on another. The page here does not tell you which applies to your account, and neither does the reference price.

The practical point is that the gap is a cost you pay on entry and again in effect on exit, so it belongs in your position sizing alongside margin. At the leverage cap that applies to the entity serving Kenya, a 0.10-lot gold position needs about $85.50 in margin, but margin is not the same as cost. A trade that moves less than the spread in your favour is a losing trade even when your directional call was right.

Spotting a stale quote on this page and what to do next

A stale quote looks like a number that has stopped moving while the timestamp or refresh indicator has also stopped advancing. On this page the tell is a figure that stays frozen across several refreshes, or a page that has been sitting in a background tab on your phone while the market moved. A price with no visible update is not a quiet market; it is usually a broken feed or a paused connection.

The correct response is to reload the page and cross-check against a second independent source before acting on it. If two sources agree, the figure is probably live and the earlier freeze was local to your device. If they disagree sharply, assume your connection is the problem and do not place an order against a number you cannot verify. Never size a position from a screenshot or a cached figure.

Stale data matters most for gold because the metal can gap on geopolitical headlines and US data prints with no warning. A quote that is minutes old can be dollars away from the live market, and the broker will fill your order at the live price regardless of what your screen showed. If you cannot confirm the figure is current, the honest move is to wait rather than trade on it.

How often this figure refreshes and how that compares with a live trading feed

This page refreshes the gold reference on a short interval while the tab is active, and stops or slows when the tab is backgrounded or the device sleeps. That cadence is fine for reading the market and checking a level, but it is a snapshot rhythm, not a streaming one. A trading platform pushes price updates continuously, tick by tick, so the two will never be in lockstep even when both are working correctly.

What the refresh interval depends on is your connection quality, the browser's handling of background tabs and the data source's own update frequency. On a weak mobile signal the gaps between updates stretch, and the page can show a figure that is a full refresh cycle behind. FxPro's MT4, MT5, cTrader and app feeds are built for execution and update far more frequently than any web page can.

The consequence is simple: use this page to understand where gold is trading and to feed the calculators, and use your platform to place the order. A figure that refreshes every few seconds is a planning tool. A streaming quote is an execution tool. Confusing the two is how traders end up surprised by a fill price that does not match the number they were staring at.

Why two gold sources disagree by a few cents and which one your order fills against

Two sources disagree by a few cents because they are sampling different pools of liquidity at slightly different moments, and each applies its own mid-price calculation. One may average several providers, another may lean on a single venue, and both round differently. A few cents on gold near 4275.0 is noise, not a malfunction, and it is well inside the normal range you should expect between any two independent feeds.

Which number your order fills against is unambiguous: the broker's tradeable quote on the platform, at the bid or ask depending on your direction. The reference on this page is never the fill price. Even if the two agree to the cent when you click, the fill happens at whatever the broker's book shows at that instant, and on a fast market that can be a few cents or more away from what you saw.

This is why slippage exists on gold and why it is larger around news and at the daily close. The regulator position is worth stating plainly here: FxPro is licensed by the FCA (UK), CySEC and FSCA, not by the CMA of Kenya. That means your recourse on execution disputes runs through those regulators' frameworks, so keep your platform statements and confirmations, since those, not this page, are the record of what you actually paid.