Gold (GOLD) Perp Price

Go long or short on gold with perpetual futures (perps), on fomo web and mobile.

Mark price

--

past 24 hours

Not available in the U.S. or to U.S. persons.

Gold perp price chart

Closing trade prices from Hyperliquid, in your time zone.

Market Stats

Oracle price
--
Funding (1h)
--
Open interest
--
24h volume
--
Max leverage
--

Oracle price: from outside markets Sunday 6 PM to Friday 5 PM ET, except 5 to 6 PM ET Monday to Thursday; from Trade[XYZ]’s own order book at other times and on market holidays. Live data from Hyperliquid.

Gold perps on fomo

Funding
Paid every hour, by one side to the other
Provided by
Trade[XYZ]
Fees
fomo 0.05% per trade + protocol trading fee

Perps are leveraged and carry a high risk of fast losses. Stock and commodity perps may not have the insurance fund or backstop protections some other markets have. That raises the risk that the protocol reduces or closes positions, even profitable ones, at prices it sets (auto-deleveraging).

What is a gold perp?

A gold perp follows the price of gold. You can go long if you think gold will rise, or short if you think it will fall, without buying or storing any gold. It has no expiry date, so you can hold it as long as your margin holds up. On fomo, gold perps are provided by Trade[XYZ], with up to 25x leverage, on web, iOS and Android.

How to trade gold perps on fomo

  1. Log in to fomo on web or mobile, confirm you’re not a U.S. Person, and move USDC into your perps cash balance (minimum 5 USDC).
  2. Open Perps and pick gold.
  3. Pick long or short, set your size (minimum 15 USDC, including leverage) and leverage, pick isolated or cross margin, add take profit or stop loss, and confirm.

What moves the gold price

Interest rates
Gold pays no interest, so it often weakens when rates rise and strengthens when they fall.
The US dollar
Gold is priced in dollars. A stronger dollar tends to weigh on it.
Fear and inflation
Buyers often turn to gold in a crisis or when prices are rising fast.
Central banks
Large purchases by central banks add steady demand.

Learn before you trade

Gold perps FAQ

What are gold perps?

Contracts that follow the gold price so you can go long or short with leverage, without holding any metal. They never expire.

What leverage can I use on gold?

Up to 25x on fomo. Lower leverage gives your position more room before liquidation.

Learn more: Leverage on perps

Gold perps vs buying gold: what’s the difference?

Buying gold means you own the metal. A gold perp only tracks the price, adds leverage, and lets you go short.

Gold perps vs gold futures: what’s the difference?

Futures have an expiry date. A perp does not, and funding payments keep its price close to gold’s.

Can I short gold on fomo?

Yes. Choose short when you open the position if you think gold will fall. If gold rises instead, the position loses value and can be liquidated.

Updated November 2026. Product details come from fomo’s Terms of Service, Help Center and release notes; leverage and live data from Hyperliquid.