Since the beginning of time, gold, silver, copper, platinum and palladium have been renowned as valuable, the reason for their high value is due to their rarity. They are expensive and difficult to mine and appreciated by industries and investors alike.
In today's trading world, it is possible to gain profits from a commodity, such as gold without having to physically own the metal.
At VistaForex, you can trade gold, platinum and other precious metals online, easily and seamlessly.
Advantages of Trading Metal With VistaForex
Leverage options up to 1:200
Trade whichever way you think the market will go – long or short
Tight spreads provided directly by inter-bank liquidity
Fast executions and mobile trading available
No need for storage/transportation and associated risks
Trade on the move with our apps for iOS and Android
Customer support 24/7
VistaForex offers following Metal CFDs
Factors Influencing Gold & Precious Metal Trading
The trade of this precious metal is interwoven with that of the trade of currencies, and with the financial markets in general.
Several different factors come into play when analyzing the movement of the Gold price:
Supply – can be affected by decline in yields, political instability and the discovery of new seams
Demand – mainly comes from jewelry and use in technological
Market Volatility – Gold has often been used as a safe haven investment when markets are unpredictable
An Example Of A Period Of Market Volatility
The 2008 economic crisis related to growth in gold value, topping $1,400 in 2010. The crisis began in October 2008 where all markets Gold included endured a downward spiral as a result of the credit markets being seized up.
Gold was being sold in vast amounts by investors who were looking to cover their losses in other markets. Eventually the United States government started to work on a bailout plan amounted to $700 billion. The cash injection allowed the markets to recover however personal losses were felt in areas on interest rates and mortgage payments.
How VistaForex Can Help?
We offer a range of intuitive and customized platforms, including automated trading solutions, so you’re guaranteed to find the trading environment that suits your style. You can trade gold and other commodities on the same screen as your forex trades, buy and sell directly from live charts, and set stops and limits in order to protect your capital.