Precious Metals

Summary of the various precious metal products (gold, silver, platinum and palladium) offered by Phillip Futures.

Trade a diverse range of precious metal products, get access to Spot/Futures Gold, Silver, Platinum and Palladium, and Low-leveraged Gold & Silver.

Request Free Platform Demo
[Spot Precious Metals]
Request Free Platform Demo
[Precious Metal Futures]
Contact us for more info
[Low Leveraged Gold & Silver]

New to trading precious metals?

Gold, silver, platinum and palladium are deemed as precious metals. Read on to learn more about the different types of products offered by Phillip Futures.

1) Spot Precious Metals:

Spot prices are quoted against the US dollar. Phillip Futures offers gold, silver, platinum and palladium in a range of sizes from micro to regular lots, on Phillip MetaTrader 5 at zero commission.

ProductSYMBOLStandardMiniMicro
Loco London GoldXAUUSD100 t.oz100 t.oz100 t.oz
Loco London SilverXAGUSD5000 t.oz500 t.oz50 t.oz
Loco Zurich PlatinumXPTUSD100 t.oz10 t.oz1 t.oz
Loco Zurich PalladiumXPDUSD100 t.oz10 t.oz1 t.oz

2) Precious Metal Futures:

Contracts with the respective precious metal as an underlying asset. With commodities gaining popularity as an important alternative asset, you can now invest in Gold, Silver, Platinum and Palladium futures to enhance your portfolio diversification, hedge against inflation or your physical precious metal holdings, and potentially obtain returns while doing so. Trade precious metal Futures on Phillip Nova, click here to try a demo.

PDT Exc TRD HRS CCY CTR SZ Tck VLE
Gold COMEX 0600-0500 (Globex) USD 100 t. oz US$10
E-mini Gold COMEX 0600-0500 (Globex) USD 50 t.oz US$12.50
Micro Gold COMEX 0600-0600 (Globex) USD 10 t.oz US$1
Mini-Sized Gold ICE US 0800-0600 USD 32.15 fine t.oz US$3.215
Shanghai Gold COMEX 0600-0500 (Globex) USD 32.15 t.oz US$3.215
Shanghai Gold COMEX 0600-0500 (Globex) CNH 1000 grams 50CNH
Gold Kilo Futures COMEX 0600-0500 (Globex) USD 32.15 t.oz US$3.215
Silver COMEX 0600-0500 (Globex) USD 5000 t.oz US$25
1000 Oz. Silver COMEX 0600-0500 (Globex) USD 1000 t.oz US$10
E-mini Silver COMEX 0600-0500 (Globex) USD 2500 t.oz US$3.215
Mini-Sized Silver ICE US 0800-0600 USD 1000 t.oz US$1
Palladium NYMEX 0700-0600 (Globex) USD 100 t.oz US$5
Platinum NYMEX 0700-0600 (Globex) USD 50 t.oz US$5

3) Gold Direct Investment (GDI) & Silver Direct Investment (SDI):

Enables you to invest in the value of Gold and Silver with lower leverage. This is mainly suited for investors that have a longer tenure for their investments. The benefits of GDI/SDI, compared to conventional gold saving schemes offered in banks, would be 0 commission trading, a market that is open 24 hours/5 days a week and having one of the lowest cost for gold investments in the market.

 Gold Direct Investment (GDI)Silver Direct Investment (SDI)
ProductSpot GoldSpot Silver
Trading Hours23 Hours
Lot/Contract Size1 Troy Oz50 Troy Oz
Initial InvestmentUSD1,899.89*
(99.99% of the notional value)
USD1166.38*
(99.99% of the notional value)
Admin Fee1% p.a on daily settlement price
CommissionFree

*Price as of 29 October 2020.

Why Trade Precious Metals with Phillip Futures?

►  Diverse range of products
Trade a whole range of gold, silver, platinum, palladium products that caters to your individual needs

►  Trade precious metals on margin
Trade the Spot and Futures precious metal contracts to gain full exposure with a small initial deposit

►  Low spreads
Trade with spreads as low as $0.3 for Spot gold

For more information

Click here to open a Phillip Futures account today. To view the precious metals Product Information Sheet, click here.

For more information on precious metal trading, please give us a call at (65) 6538 0500 or send an email to our Client Service Desk at futures@phillip.com.sg.