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Knowledgebase: Forex Trading
How to calculate GOLD margin used?
Posted by on 11 November 2011 02:47 AM

Due to Gold is belong to commodity group, thus the margin required to hold a position will be different from currency pair.

Gold margin used calculation :

Lot size X current price x 1.3 = Gold Margin Used

Example:

Current price for GOLD is 1765.20.

In order to hold a position with lot size of 1.0, trader may need to have free margin which are exceed $2,294.76:

~ Lot size X current price x 1.3 = Gold Margin Used

~ 1.0 X 1765.20 x 1.3 = $2,294.76 (margin used/require)

 

 

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