The live XAU/USD price, when gold is most liquid, and what moves it.
FxPro offers gold with competitive spreads, MT4/MT5 and M-Pesa-friendly funding for traders in Kenya.
The reference price used across the tools is approximately 4275.0 dollars per ounce. That is a working reference for calculations, not a live quote, so your broker's price will differ by its own spread and the moment you look. Refresh the live price page before you size a trade rather than relying on the reference.
Gold reacts to the US dollar, real interest rate expectations, central bank buying and demand for safe assets when risk rises. Because XAU/USD is priced in dollars, US data releases and Federal Reserve commentary usually produce the sharpest moves, and those land in the evening Kenyan time. Local news rarely moves it directly.
Liquidity is deepest when the London and New York sessions overlap, which falls in the Kenyan evening and early night. The Asian session is quieter and spreads can widen around the daily rollover. Check the trading hours page for the local-time breakdown before planning entries, since thin hours punish stops.
No. On XAU/USD one pip is 0.01, and one standard lot is 100 oz, so a single pip is worth a dollar per 0.01 lot and more as size grows. Currency pairs quote in different decimal places, so never carry a pip value across from forex without recalculating. Use the pip value calculator for gold specifically.
The CMA regulates Kenyan capital markets firms, not the offshore broker you may use for XAU/USD. The relevant sentence is exact: FxPro is licensed by the FCA (UK), CySEC and FSCA — not by the CMA of Kenya. That means your recourse sits with the licensing regulator, so read which entity holds your account.
