Financial and Business News

Fortex Links Kilo Gold to XAU/USD as Bullion Price Tests Record Highs for the 50th Time in 2025

Tuesday, 23/12/2025 | 07:36 GMT by Damian Chmiel
  • The new functionality links kilo gold products to deeper XAU/USD markets as bullion trades at record highs.
  • Gold is up 70% so far this year and is testing the $4,500 area, which current price projections target the $5,500 level in 2026.
Gold (shutterstock)

Fortex is rolling out a new cross‑symbol straight-through-processing (STP) feature for its Fortex 7 platform and Liquidity Hub, giving brokers a way to route risk from niche kilogram gold products into the deeper XAU/USD market at a time when bullion is is hitting record highs for the 50th time in 2025. Gold prices climbed to around $4,500 dol. per ounce today, December 23, up more than 70% over the past year.

The tool is designed for markets such as Asia, where demand for renminbi‑denominated kilobar gold contracts, often quoted as RKG/CNH, has grown faster than available liquidity in those symbols.

Fortex claims that the new cross‑symbol STP lets brokers hedge the gold component of an RKG/CNH trade in XAU/USD while managing the USD/CNH leg separately according to their own risk policies.

Gold Rally Lifts Demand For Niche Contracts

Gold’s jump above $4,400 per ounce this week and its rise of more than 70% over the last 12 months have pushed many brokers to expand their metal offerings beyond standard spot XAU/USD, particularly in Asia where renminbi‑linked physical and synthetic products have gained traction.

Forecasts for 2026 suggest that gold may not stop here and could soon test the $5,500 level. It is therefore no surprise that demand for gold-linked instruments continues to rise.

Hong Kong and mainland investors have increasingly used renminbi kilobar gold and similar products to access bullion in local currency, adding to liquidity and pricing challenges for brokers handling these instruments.

RKG Renminbi kilo Gold pricing is typically derived from international gold benchmarks and the USD/CNH exchange rate, which means brokers are exposed to both bullion and FX risk while often dealing with thinner order books than in standard London or COMEX gold contracts.

These products are largely computational, do not have a direct one‑to‑one equivalent in international markets and can be harder to hedge via classic STP.

Hedging Logic Splits Gold And FX Legs

Fortex’s feature routes the gold leg of an RKG/CNH trade into the more liquid XAU/USD market, while leaving the USD/CNH exposure to be handled within the broker’s existing risk framework. According to the company, firms can choose to retain the FX risk on their books, auto‑hedge it externally or manage it manually, with the system sizing hedge positions between symbols automatically.

The cross‑symbol STP is fully integrated into Fortex’s risk, margin and liquidity workflows, allowing portfolio‑level hedging rather than symbol‑by‑symbol handling.

An auto‑hedging mechanism is intended to keep execution low‑latency and maintain pricing accuracy during volatile periods, which have become more frequent as gold’s sharp rally has drawn in more speculative and hedging flows.

By embedding cross‑symbol routing into its platform stack, Fortex is trying to lower the operational overhead for firms that want to keep offering kilo‑gold products without running large unhedged exposures or investing in in‑house development.

Similar bridge and liquidity products from vendors such as Match‑Trade, TFB, AMTS or Brokeree highlight a broader push to help brokers tap deep liquidity while still listing local or synthetic instruments for their clients.

The cross‑symbol STP function is available across MT4, MT5, FIX API and multi‑platform environments, which still dominate retail FX/CFD brokerage infrastructure globally. For the technology provider, this marks another update to its product offering this month, following its early December unveiling of a cloud copy trading service on the Duplikium infrastructure.

Fortex is rolling out a new cross‑symbol straight-through-processing (STP) feature for its Fortex 7 platform and Liquidity Hub, giving brokers a way to route risk from niche kilogram gold products into the deeper XAU/USD market at a time when bullion is is hitting record highs for the 50th time in 2025. Gold prices climbed to around $4,500 dol. per ounce today, December 23, up more than 70% over the past year.

The tool is designed for markets such as Asia, where demand for renminbi‑denominated kilobar gold contracts, often quoted as RKG/CNH, has grown faster than available liquidity in those symbols.

Fortex claims that the new cross‑symbol STP lets brokers hedge the gold component of an RKG/CNH trade in XAU/USD while managing the USD/CNH leg separately according to their own risk policies.

Gold Rally Lifts Demand For Niche Contracts

Gold’s jump above $4,400 per ounce this week and its rise of more than 70% over the last 12 months have pushed many brokers to expand their metal offerings beyond standard spot XAU/USD, particularly in Asia where renminbi‑linked physical and synthetic products have gained traction.

Forecasts for 2026 suggest that gold may not stop here and could soon test the $5,500 level. It is therefore no surprise that demand for gold-linked instruments continues to rise.

Hong Kong and mainland investors have increasingly used renminbi kilobar gold and similar products to access bullion in local currency, adding to liquidity and pricing challenges for brokers handling these instruments.

RKG Renminbi kilo Gold pricing is typically derived from international gold benchmarks and the USD/CNH exchange rate, which means brokers are exposed to both bullion and FX risk while often dealing with thinner order books than in standard London or COMEX gold contracts.

These products are largely computational, do not have a direct one‑to‑one equivalent in international markets and can be harder to hedge via classic STP.

Hedging Logic Splits Gold And FX Legs

Fortex’s feature routes the gold leg of an RKG/CNH trade into the more liquid XAU/USD market, while leaving the USD/CNH exposure to be handled within the broker’s existing risk framework. According to the company, firms can choose to retain the FX risk on their books, auto‑hedge it externally or manage it manually, with the system sizing hedge positions between symbols automatically.

The cross‑symbol STP is fully integrated into Fortex’s risk, margin and liquidity workflows, allowing portfolio‑level hedging rather than symbol‑by‑symbol handling.

An auto‑hedging mechanism is intended to keep execution low‑latency and maintain pricing accuracy during volatile periods, which have become more frequent as gold’s sharp rally has drawn in more speculative and hedging flows.

By embedding cross‑symbol routing into its platform stack, Fortex is trying to lower the operational overhead for firms that want to keep offering kilo‑gold products without running large unhedged exposures or investing in in‑house development.

Similar bridge and liquidity products from vendors such as Match‑Trade, TFB, AMTS or Brokeree highlight a broader push to help brokers tap deep liquidity while still listing local or synthetic instruments for their clients.

The cross‑symbol STP function is available across MT4, MT5, FIX API and multi‑platform environments, which still dominate retail FX/CFD brokerage infrastructure globally. For the technology provider, this marks another update to its product offering this month, following its early December unveiling of a cloud copy trading service on the Duplikium infrastructure.

About the Author: Damian Chmiel
Damian Chmiel
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Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.

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