Gold & Silver Trading
Precious metals liquidity is at an all time high and we are proud to be able to offer low cost derivative based trading for those wishing to speculate in the price of precious metals.
Highlights of trading gold & silver with XGLOBAL
Spot gold is a particularly attractive trading instrument given the popularity gold has as a component of a well balanced investment portfolio. Gold is also one of the most traded products on the platform. Its price is not directly driven by interest rates or economic news and quite often demand arises from market turmoil. This makes for a rather unique proposition for speculative traders or those wishing to hedge their portfolio.
Symbols and spreads
|SYMBOL||DESCRIPTION||XG RAW SPREAD||XG STD SPREAD||DIGITS||CONTRACT SIZE|
|XAUUSD||Spot Gold vs USD Dollar||0.11||0.20||2||100|
|XAGUSD||Spot Silver vs USD Dollar||0.011||0.020||3||5000|
The trading of precious metals is an ancient business practice that has been revolutionised by electronic trading and global futures exchanges. It is also a safe haven asset and its price can be dramatically affected by the performance of global stock markets and major world economies. For that reason trading in precious metals is here to stay and will always be used a financial hedging tool at least into the foreseeable future.