Trade Gold, Oil
& Commodities
as CFDs

GBH Markets offers gold (XAU/USD) and silver (XAG/USD) on Islamic swap-free accounts with no overnight interest (riba) and no administrative fees replacing swaps. Spot gold trading (as opposed to gold futures) is generally considered more Sharia-compliant as it involves immediate exchange. For personal religious guidance, we recommend consulting your own Islamic finance scholar, as individual scholarly opinions vary.

Gold price is primarily driven by: (1) US Dollar strength — gold and USD typically move inversely; (2) Real interest rates — lower real rates increase gold's appeal as a non-yielding asset; (3) Inflation expectations — gold is a traditional inflation hedge; (4) Geopolitical uncertainty — wars, sanctions, and political crises drive safe-haven demand; (5) Central bank buying — major central banks including PBOC and Saudi Arabia accumulate gold reserves; (6) USD Index (DXY) — a weaker dollar lifts gold prices.

WTI (West Texas Intermediate) is American crude oil — lighter and sweeter (lower sulphur). It is the benchmark for US oil prices and typically trades at a slight discount to Brent. Brent Crude is North Sea oil — the global benchmark used to price approximately 70% of the world's crude oil, including all Gulf/OPEC production. MENA traders often focus on Brent as it is more directly relevant to the Gulf's oil export pricing. Both are available as CFDs at GBH Markets.

No. GBH Markets offers cash (rolling) commodity CFDs with no expiry date. Unlike commodity futures which expire quarterly, our CFDs roll over daily (with a swap charge applied to non-Islamic accounts). You can hold a gold or oil CFD position for any duration you choose — from minutes to months — without worrying about contract expiry or physical delivery.

The minimum trade size for gold (XAU/USD) is 0.01 lots, which represents 1 troy ounce. At a gold price of $2,318, a 0.01 lot position has a notional value of $23.18. With 200:1 leverage, the margin required is just $0.12. This makes gold accessible even with very small account balances, though position sizing should always be appropriate to your total account size.

Oil prices are driven by: (1) OPEC+ production decisions — Saudi Arabia and Russia leading production cuts or increases; (2) US inventories — weekly EIA crude inventory reports move oil 1–3% regularly; (3) Global economic growth expectations — stronger growth means more oil demand; (4) Geopolitical events in oil-producing regions (Middle East, Russia, Venezuela); (5) US Dollar strength — oil is priced in USD so a weaker dollar raises oil prices; (6) Alternative energy growth — long-term demand outlook factor.

Yes. All commodity CFDs available at GBH Markets — including gold, silver, oil, natural gas, and agricultural commodities — are fully tradeable via MetaTrader 4 and MetaTrader 5. They can be found in the symbols list under "Commodities" or searched directly by ticker (e.g. XAUUSD, USOIL, UKOIL). All GBH Markets commodity CFDs also support Expert Advisors (automated trading) on both platforms.