Trading spot metals online is regarded as potential safe havens for traders. Metal trading is the best way of diversifying the investment portfolio during times of volatility.
Easy way of Trading
Protection against Inflation
Trading precious metals such as gold and silver presents a very unique investment opportunity offering the chance to diversify and extend your portfolio. During market volatility or uncertain political or economic times, many traders choose to diversify their risk by trading gold/silver and to create a well balanced trading portfolio.
Trading metal is also considered as safe investment during uncertain market conditions when value of metal such as gold typically tends to fluctuate and such volatile market movements may present trading opportunities that hold potential significant returns.
Opening price of the GOLD against the US Dollar (XAU/USD) is 1250.00
You decide to buy 1 standard lot (the equivalent of 100 ounces) at 1250.00.
Margin required to open the position is 1*100*1250.00*1/100=USD $1250
Closing Price of the GOLD against the US Dollar (XAU/USD) is 1274.50
One week later the Gold has risen against the USD to 1274.50, you decide to take your profit by closing your buying position
Market movement= 1274.50 ? 1250.00 = 2450 ticks
Gross profit on Trade = USD $ 1*2450 =USD$ 2450
|Symbol||Description||Digits||Contract Size||Typical spread||Leverage
|Swap Long||Swap Short||Trading Hours open
|XAUUSD||US Dollar vs Gold||2||100||34||100||-1.7||-7||00:00:00||23:59:59||Daily 23:59:59 - 01:00:00|
|XAGUSD||US Dollar Vs silver||3||5000||30||100||-2.1||-0.6||00:00:00||23:59:59||Daily 23:59:59 - 01:00:00|