---
title: "Silver - Meaning & GFN's Figure - Get Funded Now"
description: "Spot silver, quoted as XAG/USD in US dollars per troy ounce. It tends to move with gold but with a larger percentage range and materially thinner…"
url: "https://getfundednow.com/glossary/silver"
language: "en"
last_modified: "2026-09-22"
publisher: "Get Funded Now (getfundednow.com)"
translations:
  es: "https://getfundednow.com/es/glossary/silver"
  pt-BR: "https://getfundednow.com/pt-br/glossary/silver"
  fr: "https://getfundednow.com/fr/glossary/silver"
  it: "https://getfundednow.com/it/glossary/silver"
  de: "https://getfundednow.com/de/glossary/silver"
disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds."
---

Instruments and markets

# Silver

Spot silver, quoted as XAG/USD in US dollars per troy ounce. It tends to move with gold but with a larger percentage range and materially thinner liquidity, which makes position sizing carried over from gold too large.

Also called: XAG/USD

GFN’s figure

Metals may be traded on GFN accounts where available, at leverage that varies by instrument, against the same drawdown floors as every other instrument on the account.

In detail

## Silver, explained

Silver has an industrial demand component gold does not, which makes it more sensitive to growth expectations and gives it a higher beta to the same macro news.

The combination of high volatility and thinner books means slippage is more common than on gold at the same position size.

[The rule in full →](https://getfundednow.com/rules/instruments) · [Rules handbook](https://getfundednow.com/rules) · [Gold and metals at GFN](https://getfundednow.com/instruments/gold) · [More instruments and markets](https://getfundednow.com/glossary/category/instruments)

Related

## Terms that come with it

Most rules only make sense next to the ones they interact with. These are the entries this one depends on.

- [XAU/USD](https://getfundednow.com/glossary/xauusd) - The symbol for spot gold priced in US dollars - XAU is the code for one troy ounce. It is the most traded metal instrument and one of the most volatile instruments on a retail platform.
- [Commodities](https://getfundednow.com/glossary/commodities) - Raw materials traded as instruments - energy, metals and agricultural products. Prices are driven by physical supply and demand rather than by interest rates, which makes them move on a different calendar from financial instruments.
- [Liquidity](https://getfundednow.com/glossary/liquidity) - How much can be traded at a given price without moving it. Deep liquidity produces tight spreads and reliable fills; thin liquidity produces wide spreads, slippage and gaps.
- [Slippage](https://getfundednow.com/glossary/slippage) - The difference between the price requested and the price filled. It appears when the market moves between order and execution, and it is most pronounced around news and at thin points in the session.
- [Leverage](https://getfundednow.com/glossary/leverage) - The ratio between the notional size of a position and the margin required to hold it. At 1:50, $2,000 of margin supports a $100,000 position - it changes what you can open, not what you may lose.

Also governed by [/rules/instruments](https://getfundednow.com/rules/instruments)

[Forex](https://getfundednow.com/glossary/forex) · [Indices](https://getfundednow.com/glossary/indices) · [Crude oil](https://getfundednow.com/glossary/crude-oil) · [Cryptocurrency](https://getfundednow.com/glossary/cryptocurrency)

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Source: https://getfundednow.com/glossary/silver
Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt