A gold product based on the Loco London physical market, traded under the Alternative Trading System (SPA), with a contract size of 100 troy ounces or 3,110.35 grams (3.1 kg), and does not require physical delivery. There are no transportation and storage costs. Very low spreads. High liquidity, with the speed of execution of transactions in seconds. Very low margins, so ROI can be significantly increased online.
Trading allows trade in a long position, where you can first buy a currency at a low price to sell when the price increases, or short, where you sell a currency that is expected to experience a decline in exchange rates with the opportunity to buy it back at a later date. come at a lower price. This provides profit opportunities even when the market is weak.
The price of gold depends on supply and demand in the market. As we know, the largest consumption of gold is in the jewelry industry. In addition, gold is also used for the purposes of the electronics and medical industries. The greater the level of demand, the higher the price of gold. Gold is also used as a diversification of investments by various central banks so that the value of gold is inversely proportional to the USD exchange rate.
