Spot gold, silver trading

Spot gold, silver

As a longer-term investment product, trading and holding physical precious metals has become popular among individual investors in recent years. The huge trading market, flexible trading methods, simple trading operations, whether experienced investors or gold investors, can take advantage of the product advantages to obtain rich profit opportunities.

Spot gold

Spot gold also known as London gold, because the earliest origin of London to get the name. Spot gold trading is a form of contract trading using leverage, priced in dollars per ounce and settled in dollars. Because the spot gold does not have to carry on the physical gold extraction, saves the physical gold transportation, the storage, the inspection, the appraisal and so on the step, the difference between its buying price and selling price also is smaller than the physical gold trading price difference. At present,

Spot silver

Spot silver, also known as London silver, like spot gold, is bought and sold 24 hours a day. Silver prices are largely driven by supply and demand, and the fact that silver has been in short supply in recent years has made its fundamentals stronger and prices more volatile than many other metals. At present,Hongze(Hong Kong) Investment Consulting Limited (Hong Kong) Investment Management Co., Ltd Gaohui offers you XAG/USD trading products.

Spot gold and silver have nearly 24 hours a day to trade, only briefly stopping when the market closes between 17:15 and 18:00 est.

Why trade spot gold, silver?

• The leverage is flexible, up to a maximum of 300:1
• Two-way trading, long or short. Support multiple currencies such as us dollar, Australian dollar, British pound and euro
• T+0 The real-time trading rules, the day can be traded many times, high liquidity
• The market is active, the price fluctuation is high, its fluctuation spread creates many rich opportunities for the investor
• Market information is highly transparent, affected by macro and international factors, relevant news and economic data are published in real time
• 24 hours a day from Monday to Friday online trading, anytime, anywhere, more profit opportunities

Leverage and margin trading

Spot gold, silver trading margin system, generally high leverage, many traders provide 100:1 leverage ratio, meaning that traders can use the leverage function to "magnify" capital to trade. In the case of spot gold, for example, if the price of gold is $1,150 an ounce, a margin of $11.50 is required to trade an ounce of gold with 100:1 leverage. in Hong Kong Morgan Group Co., Ltd (Hong Kong) Investment Management Co., LtdHigh exchange, we offer you a trading leverage ratio of up to 300:1. Of course, margin trading is a double-edged sword. It can increase the chances of profits while also magnifying the risk of losses.

Quote and dot difference

Spot gold and silver prices are quoted on the international market in dollars per ounce, which is the dollar value of an ounce of gold (or silver). The minimum unit for the spot price of gold is 0.01 and the minimum unit for the spot price of silver is 0.001.

Take the gold quote of 1154.12/1154.57 as an example. It means that you can sell one or more hands of gold at 1154.12, or buy one or more hands of gold at 1154.57. At this point, the dot difference you need to pay is the difference between the selling price and the buying price (1154.57 -- 1154.12), which is 0.45.

For example, if the price of gold is $1,150 an ounce, a margin of $11.50 is required to trade an ounce of spot gold at 100:1 leverage. inHongze(Hong Kong) Investment Consulting Limited (Hong Kong) Investment Management Co., Ltd Gao hui, we offer you a leverage ratio of up to 300:1. Of course, margin trading is a double-edged sword. It can increase the chances of profits while also magnifying the risk of losses.

Profit and loss calculation

Contract value = gold (or silver) current price x trade volume

Taking the gold quote of 1155.12/1154.57 as an example, if you buy 1 gold at 1154.57 (1 hand = 100 ounces) and sell when the price rises to 1154.98. At this point, your return is (1154.98 -- 1154.57) x 100 ounces = $41. If the price falls below 1154.57, a loss will result.