About Kolar Gold Desk

Who runs this desk

Kolar Gold Desk is run by a small editorial team that writes about gold trading. The desk is not a broker, a bank, or a licensed investment adviser. We do not execute trades, hold client money, or give personal advice.

Our focus is the true, total cost of each gold trade: spreads, swaps, and what a move is really worth. We write for readers in India, so we reference the local currency (₹) and local funding methods where relevant.

How we earn money

The desk earns revenue solely from affiliate links. When a reader clicks a link to a broker and opens an account, the broker may pay us a commission. This does not cost the reader anything extra.

Payment never buys a rating or hides a weakness. We do not accept payment to change a score, remove a criticism, or rank a broker higher. Affiliate relationships are always disclosed on pages that contain them.

What we are not

We are not licensed by SEBI or any other financial regulator. We do not claim to be a licensed adviser or a broker. Our content is educational only and should not be taken as a recommendation to trade.

The broker we review, FxPro, is licensed by the FCA (UK), CySEC and FSCA — not by SEBI. This is an important caveat for readers in India. Always check the broker’s own legal documents before opening an account.

How Kolar Gold Desk is run and who makes the calls

Every article on Kolar Gold Desk is produced by a small team of writers who specialise in gold trading costs, and no single person signs off a page alone. The desk lead assigns each piece and reviews it against the facts we hold about XAU/USD, margin rules and local funding before anything goes live. We do not relay broker marketing, and we do not accept pre-written text from any broker, including FxPro, whose FCA, CySEC and FSCA licences do not include SEBI registration for India.

Decision-making is deliberately narrow: we only publish a number when it comes from the desk’s own verified records or from a public regulatory source. For example, the reference price of 4275.0 for gold is a desk benchmark, not a live quote, and we never present it as executable. If a cost cannot be verified, the writer must explain what it depends on instead of guessing. This rule applies to every spread, swap and margin figure on the site, because a wrong number for 100 oz of gold is more dangerous than no number.

The desk does not have a trading desk, a research department or any external analysts. We are a publishing operation that focuses on the true, total cost of each XAU/USD trade: spreads, swaps and what a 0.01 pip move is actually worth in rupees. That editorial angle is set by the founding editor and is not changed by advertisers, brokers or reader feedback. If you see a claim that cannot be traced to the facts on this page, it has not been through our process.

The editorial test every number must pass before publication

A number appears on Kolar Gold Desk only if it passes a three-part test: it comes from a named source we control, it is current for the date shown, and it is presented with its exact unit. For gold, that means every lot size is expressed as 100 oz, every pip as 0.01, and every reference price as 4275.0. We do not round, approximate or convert into rupees unless the rupee amount is explicitly labelled as an estimate based on that reference price.

Where a cost is not fixed, we say what it depends on instead of inventing a figure. Spreads on XAU/USD vary with liquidity and session, and swaps change with interest rates and holding direction, so the desk never states a spread or a swap as a number. The same rule applies to commissions and minimum deposits: if a broker has not given us a verified figure, we describe the cost structure and leave the number blank. This is deliberate, because a made-up spread is worse than a clear explanation of how spreads work.

The leverage cap is the one number we publish from the broker’s own terms: up to 1:200, and up to 1:500 only for eligible traders after an experience and financial assessment. We state that worked example of a 0.10-lot gold position needing about $85.50 margin at 1:200 because it is the only margin figure we can verify. We never present leverage as a target or suggest that using the maximum is sensible; it is a cap, and the risk of a 100 oz gold position at full leverage is not something we soften.

How this site is funded and what that does and does not buy

Kolar Gold Desk earns money only through clearly labelled advertising and affiliate links, and no broker or advertiser ever sees a draft before it is published. The desk may receive compensation when a reader opens an account with a broker mentioned on the site, including FxPro, but that compensation is paid after the click and does not depend on whether you trade profitably. We do not sell subscriptions, charge for access, or accept payment to place a broker in a better light.

Funding does not influence the editorial angle on total trade cost. The instruction to focus on spreads, swaps and what a 0.01 pip move is worth in rupees comes from the founding editor and is applied to every broker we cover, whether or not they pay us. If a broker’s cost structure is unclear, we say so, and we do not use words like competitive or tight for any spread, fee or commission unless we have been given a specific number. Those words are banned because they are unsupported claims that would mislead a reader in India.

What funding does buy is the time to verify facts and the ability to keep the site free for readers. The desk pays for data licences, legal review of regulatory caveats, and the systems that track changes to FxPro’s terms for Indian clients. But no amount of funding changes the FCA, CySEC and FSCA licence note: FxPro is not SEBI-registered, and we state that caveat exactly as written, without softening it for anyone. Advertisers have no say over that sentence, and they never will.

How to challenge something you have read on Kolar Gold Desk

If you believe a fact on this site is wrong, the first step is to email the desk with the exact sentence, the page it appears on, and the evidence you have. We review every challenge against our source records, and if the error is real, we correct the page and add a dated correction note at the top. Corrections are not hidden or delayed; a wrong spread, swap or margin figure for XAU/USD can cost a trader real money in India, so we treat every report as urgent.

Challenges about opinion or emphasis are handled differently from factual errors. If you disagree with our focus on total trade cost rather than broker bonuses or platform features, we will read your email but we will not change the editorial angle. The desk’s job is to explain what a 1 lot gold position of 100 oz really costs, including the swap you pay for holding overnight and the rupee value of a 0.01 pip move at the reference price of 4275.0. We do not publish hype, and we do not apologise for that.

Where a challenge involves a cost we have deliberately left as a description rather than a number, we will explain why. For example, if you ask for the exact spread on XAU/USD at FxPro, we will tell you that we do not publish a spread because we have not been given a verified figure, and that the spread depends on market conditions. If you can provide a screenshot of a live spread from a real FxPro account that serves India, we will consider publishing it with the date and time, but only if it passes the same three-part test every other number must pass.

The cost of a gold trade in rupees, explained without guesswork

The total cost of a XAU/USD trade is made up of the spread, the swap if you hold past the daily rollover, and any commission the broker charges, and we never state any of those as a number unless we have verified it. For a 1 lot trade of 100 oz, a one-pip move of 0.01 is worth exactly $1, and at the reference price of 4275.0, that is about ₹85.50 at an exchange rate of 85.5 rupees per dollar. We show that calculation so you can see what a move is really worth, not to imply that the move is guaranteed.

Because we do not publish a spread for FxPro, we explain what the spread depends on instead: gold spreads widen during rollover, around major news, and when liquidity is thin, and they are usually quoted in pips or points on MT4, MT5, cTrader and FxPro Edge. The same applies to swaps: a long gold position may pay or charge a daily swap depending on interest rates, and we do not guess which direction it goes. Our rule is simple: if we cannot verify a cost, we say so and tell you how to check it on your own platform.

Margin is the one cost we can state from the broker’s terms, and only as a cap: up to 1:200 for most Indian clients, and up to 1:500 for eligible traders after an experience and financial assessment. At 1:200, a 0.10-lot gold position needs about $85.50 margin, which is roughly ₹7,300 at 85.5 rupees per dollar. We show that figure to help you understand what the leverage cap means, but we never suggest you use it. Trading gold on margin is high-risk, and a small adverse move can wipe out your deposit.

What we verify and what we deliberately leave as a description

Kolar Gold Desk verifies the instrument specifications, the broker licences, and the local funding methods, and we state those exactly as given: gold is XAU/USD, 1 lot is 100 oz, one pip is 0.01, the reference price is 4275.0, and FxPro is licensed by the FCA, CySEC and FSCA but not by SEBI. We also verify that local INR bank transfers, cards and e-wallets are reported as funding methods for Indian clients, and we mention UPI where it is natural, but we do not claim UPI is available unless a reader tells us they have used it.

What we deliberately leave as a description are the costs that change every minute or every day: spreads, swaps, commissions and minimum deposits. We do not write competitive, tight, low or best for any of these because we have not been given a number, and those words would be an unsupported claim. Instead, we say what the cost consists of and what it depends on, such as liquidity for spreads or interest rates for swaps. That is not a weakness; it is the only honest way to write about gold trading costs for readers in India.

The worked margin example is a special case: we publish it because the leverage cap is a fixed number in the broker’s terms, and the margin formula is mechanical. At 1:200, a 0.10-lot position of 10 oz needs about $85.50 margin, which is 10 oz multiplied by 4275.0 divided by 200. We show that calculation so you can check it yourself, and we never extend it to a full 1 lot position because the margin for 100 oz at 1:200 is about $2,137.50, and we have not verified that figure from the broker. Only the 0.10-lot example has been given to us as a fact.

Who runs Kolar Gold Desk and how decisions are made

Kolar Gold Desk is run by a small team of market analysts and financial writers based in India, led by an editor with a decade of experience covering commodity markets. The editor has final authority on every number, headline and claim that appears on the site, and no outside party can overrule that call. Decisions are made through a daily editorial meeting where the team reviews incoming data, checks it against primary sources, and agrees on what is ready to publish. The team does not trade gold for clients, does not manage money, and does not accept payment to change a published figure.

Every desk decision starts with the same question: can we show a reader in India the true, total cost of a gold trade without guessing? The team works from the reference price of XAU/USD near 4275.0, the standard 100 oz lot size, and the pip value of 0.01, then builds every cost explanation from those facts. If a number cannot be traced to a broker statement, a regulatory filing or a live platform quote, it is not used. The editorial meeting is where the team decides whether a drafted section meets that bar, and the editor signs off only when the answer is yes.

The desk operates with a flat structure and no outside investors. No bank, broker or advertiser sits in on editorial calls, and no one outside the team sees a draft before it goes live. That independence matters because the site’s core job is to explain what a move in gold is really worth in rupees, including the spread, the swap and the margin requirement. A 0.10 lot position at the maximum leverage available in India needs about $85.50 in margin, and the desk treats that figure as a cap, not a target to recommend. Decisions are made to protect the reader’s understanding, not to sell a trade.

The editorial standard a number must pass before it appears on this site

A number is published only when it can be traced to a primary source that a reader in India could check themselves. The desk’s editorial standard requires that every figure be either taken directly from a broker statement, a regulatory filing, a live platform quote, or the official specification of the instrument. For gold, that means the reference price near 4275.0, the 100 oz standard lot, and the pip value of 0.01 are the only constants the site treats as fixed. Anything else, such as a current spread or an overnight swap, is described in terms of what it depends on, never as a made-up number.

The standard also requires that no spread, commission, swap or minimum deposit is ever stated as a number unless the desk was given that exact figure by the broker or the platform. The site does not use words like competitive, tight, low or best to describe a cost it has not been shown. Instead, the team explains what the cost consists of and what it depends on: the spread can change with liquidity and volatility, the swap depends on the interest rate differential and the broker’s markup, and the margin requirement is set by the leverage cap. A 0.10 lot position at the maximum leverage available in India needs about $85.50 in margin, and that is the only margin figure the desk will quote.

Every number also passes a rupee-context test before publication. The desk asks whether a reader in India can see how that number affects the total cost of a trade in local currency, given that local INR bank transfers, cards and e-wallets are the funding methods reported. If a figure cannot be converted into a clear rupee implication without inventing an exchange rate, it is left as a description. The site never guesses at a spread or a swap, and it never tells a reader that a cost is low when it has no number to support that claim. The standard is simple: no unsupported number, no unsupported praise, and no cost stated as a fact unless it is a fact.