Trading Metal CFDs
Why trade Metals?
What affects the price of Metals?
Additionally, the value of the US dollar is an important factor, as precious metals are typically denominated in dollars. Therefore, their price is generally inversely related to the value of the US dollar. When the value of the US dollar falls, the price of precious metals tends to rise.
Inflation is another major factor that affects the price of precious metals. Generally, rising levels of inflation tend to raise the price of precious metals. This is because investors often turn to precious metals as a hedge against inflation, as they tend to hold their value even when other assets lose value due to inflation.
Industrial demand is also a factor that can affect the price of precious metals. For example, the demand for gold in electronic devices and jewelry can cause the price of precious metals to rise.
How to get Started
Getting started is as simple as 1-2-3! And the onboarding process is so smooth you won’t have to worry about a thing.
OPEN AN ACCOUNT
Register using your full name, email and password.
Fund your account using any of the multiple methods.
Use the desktop or mobile platform to launch your trades.