Precious Markets
Currency Pair | Average Spread | Minmum Spread | Leverage Ratio |
---|---|---|---|
XAU/USD | 0.24 | 0.12 | |
XAG/USD | 0.010 | 0.009 |
Currency Pair | Average Spread | Minmum Spread | Leverage Ratio |
---|---|---|---|
XAU/USD | 0.24 | 0.12 | |
XAG/USD | 0.010 | 0.009 |
Precious metals such as Gold rank high among the top commodities for trading. Classified as hard commodities, they are obtained from the earth or extracted from natural resources. Trading metals through Contracts for Difference (CFDs) offers a distinctive opportunity with numerous benefits.
When trading precious metals through Contracts for Difference (CFDs), you don’t need to own the underlying asset, which reduces investment costs. There’s no need for storage, and traders can profit from both rising and falling prices. The prices are aligned with those on the London Metal Exchange (LME), the world’s largest market for base metals and other metals ETFs.
By conducting thorough analysis, CFD traders aim to predict the direction of metal prices and profit from price movements over both short and long-term periods. The metals market operates 24 hours a day, five days a week.
CWG Markets allows trading the spot price for metals including Gold or Silver against the US Dollar with up to 400:1 leverage with one of the most competitive spreads in the market. Open an account to access our award-winning platforms, professional charting tools, top market insights, and more.
Because CFDs are leveraged products, you can control large positions with just a small margin deposit. Metals like gold, known for their high liquidity, enable commodities trading to provide greater leverage compared to many other trading instruments.
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Choose an account type and complete our fast and secure application form.
Fund your trading account using a wide range of funding methods.
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