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Trading Gold with Easy-Forex®

Trading in precious metals such as gold and silver is as simple as trading currencies through Easy-Forex®.

Gold and silver quantities are expressed in ounces and are traded against the United States dollars (USD) only.

Online trading

Like trading currencies, online trading in gold and silver with Easy-Forex® is "cash" settled i.e. there is no physical receipt of the underlying physical product.

Trading in the precious metals is done via 'over the counter' or OTC. OTC transactions are not centralised as in a stock exchange of a country. Trading is initiated directly between the buyer and the seller.

Day-trades in gold and silver

Traders can open positions in gold and silver using the day-trading option to trade the precious metals at spot prices.

The advantages of online trading in gold and silver

Trading precious metals is now within the reach of private individuals via the Easy-Forex® trading platform, and like currencies, you are able to use leverage to enter into deals.

Gold and silver trading

As the price of gold or silver rise, the price of the USD falls. It is one of the reasons that trading gold has historically been a good way to "hedge" against inflation as gold tends to maintain its purchasing power over time. Gold and silver prices recently have been quite volatile making it a popular day-trading product.