What Are Metals?
Gold and Silver have always been an important part of any traders or investors portfolio. Both metals are generally used to protect or hedge against political instability, dollar weakness, inflation and deflation. Often, traders refer to Precious Metals as “safe-haven” as with any adverse market conditions Gold etains its value whereas other assets are volatile.
The global supply and demand of Metals plays an important role for their value. With a demand increase, Metals prices rise, and the other way around. If the demand is lower, the value of Precious Metals declines. However, this effect is felt in the longer term, and does not change the short-term prices.
|Symbol||Contract Size||Min lot per Trade||Max Lot Per Trade||Margin||Minimum Fluctuation|
|XAUUSD||100 oz||0.1||20||1%||0.01 = 1 USD|
|XAGUSD||5000 oz||0.01||50 Lot||0.001||0.0001 = 0.5 USD|