Metals
The natural properties of precious metals give them a high intrinsic value and make them one of the first forms of currency. The trading of spot metals, such as gold and silver, is appealing to active traders because of the high liquidity.
Like the currency market, political and economic events can significantly influence the price of precious metals and cause their values to fluctuate. In times of market uncertainties, people often turn to the security of precious metals, with gold perceived to be an excellent inflation hedge.
Average Spreads | Rollover Rates | ||||||||
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Symbols | Description | STD | Prime | Leverage | Point Value | Contract Size | Long | Short | Max Volume Per Click |
XAGUSD | Silver – US Dollar | 1.9 | 0.4 | 100 | 50 USD | 5000 oz | -2.05 | 0.47 | 20 |
XAUUSD | Gold – US Dollar | 3.0 | 0.8 | 500 | 10 USD | 100 oz | -10.07 | 5.18 | 100 |