Deriv Basket Indices: How the Gold, USD, EUR, GBP and AUD Baskets Work and When They Trade

How a Basket Index Works
A single forex pair such as EUR/USD mixes two currencies: you never know if the euro is strong or the dollar is weak. A basket compares one asset with several others at once, so the noise from any one partner currency is smaller.
Real Movement Compared
| Index (real hourly data, about 190–200 trading hours) | Change over the period | Hours that closed up |
|---|---|---|
| Gold Basket | +0.52% | 46% |
| USD Basket | −0.52% | 47% |
| EUR Basket | −0.12% | 58% |
For comparison, a single 1-hour candle on Volatility 75 averaged 1.27%. Baskets are slow, so multipliers or longer durations make more sense than tick contracts.
Trading Hours (GMT)
| Basket | Open | Closed |
|---|---|---|
| AUD, EUR, GBP, USD | Monday to Friday, 24 hours | Weekends; Fridays close 20:55; Christmas and New Year |
| Gold | Monday to Friday 00:00–21:00 and 22:00–23:59 | Weekends; Fridays close 20:55; some US holidays close early |
Kenya time is GMT+3, so a Friday close at 20:55 GMT is 23:55 in Nairobi. Full details in Deriv trading hours.
Tips
- Watch big economic news (for example US interest-rate decisions); baskets react to it like normal currencies.
- A 1-hour Rise on the Gold Basket paid $16.82 per $10 on 20 October 2026, lower than the $19.61 on V100, so check the payout before you trade.
- Do not hold multipliers over the weekend if you cannot accept a gap at the Monday open.
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Frequently Asked Questions
What are basket indices on Deriv?
Indices that measure one currency or gold against a group of currencies.
Which basket indices does Deriv offer?
On 20 October 2026: AUD, EUR, GBP and USD Baskets and the Gold Basket.
Can I trade basket indices on weekends?
No. They follow real markets and close at weekends.
Are basket indices synthetic?
Deriv lists them under derived indices, but they are calculated from real market prices, unlike Volatility indices.
Which contracts work on basket indices?
Rise/Fall and multipliers were listed for the Gold Basket.
Is the Gold Basket the same as XAU/USD?
No. XAU/USD is gold against the US dollar only; the basket is gold against several currencies.
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