How is the overnight interest on spot gold calculated?

The overnight interest of spot gold is calculated according to the spread, and the formula is:

  • Lot size (1) * contract size (100) * minimum change unit (0.01) * overnight interest for long or short orders * trading days

The overnight interest rate of spot gold will change according to each trading day.

Details can be viewed in the product specifications of MetaTrader 4 or the Doo Prime official website – overnight interest rate.

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