Gold and Silver Prices
Trade GOLD and SILVER using the world renowned MT4 platform.
What are Precious Metals?
Precious metals like Gold and Silver are tradable instruments classed as a commodity, therefore making their price relatively uniform across the world.
Traders tend to use precious metals as ‘safe-haven’ assets which become more tradable as economic developments and political unrest cause increased volatility across other markets. Afterall, when adverse market conditions arise from war, recession, government debt issues etc, Gold retains its value whereas stocks and currencies are vulnerable to significant losses.
Gold and Silver are characteristically limited in supply, which means that they tend to be of higher value. Where Gold is used as the main safe-haven asset, Silver is typically used in industrial production. Therefore, it’s more susceptible to price fluctuations from changes in business conditions.
Traders tend to use precious metals as ‘safe-haven’ assets which become more tradable as economic developments and political unrest cause increased volatility across other markets. Afterall, when adverse market conditions arise from war, recession, government debt issues etc, Gold retains its value whereas stocks and currencies are vulnerable to significant losses.
Gold and Silver are characteristically limited in supply, which means that they tend to be of higher value. Where Gold is used as the main safe-haven asset, Silver is typically used in industrial production. Therefore, it’s more susceptible to price fluctuations from changes in business conditions.
Why TRADE Precious Metals
with Unifxmarket?
Our aim is to help our traders succeed by
providing an exceptional trading experience.
- Spreads from 0.0
- Access to Gold & Silver crosses.
- 0.20s Average execution speed.
- All trading strategies enabled.
- Leverage up to 1:500.
HOW-TO
Trade Precious Metals
Buying and selling precious metals doesn’t require you to buy or sell the physical product. You’re simply speculating on the changes in price, just like you would with other financial derivatives.
Price drivers for precious metals, however, are inversely different to other types of financial instrument. Where stocks and shares may see a decrease in value following political unrest or war, precious metals see an influx of investment, driving their prices higher.
Factors that usually affect precious metal prices are supply and demand, national and global economic trends, inflation, USD strength, interest rates, government policy, technology and more.
Price drivers for precious metals, however, are inversely different to other types of financial instrument. Where stocks and shares may see a decrease in value following political unrest or war, precious metals see an influx of investment, driving their prices higher.
Factors that usually affect precious metal prices are supply and demand, national and global economic trends, inflation, USD strength, interest rates, government policy, technology and more.
Learn to Trade Precious Metals
Precious Metals
Trading Hours
24-hour access to trade Gold and Silver, 5 days a week.
GMT TIME
*The above image is for illustrative purposes only. Gold trading hours are: Mon-Fri 01:02-23:57. Silver trading hours are: Mon-Thu 01:00-24:00 and Fri 01:00-23:57.
START TRADING with Unifxmarket
It's simple and fast to join!
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REGISTER
Complete registration, Log in to your Client Area and upload the required documents.
Create Account
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CREATE AN ACCOUNT
CREATE AN ACCOUNT
Once your documents are approved, create a Live Trading account.
Deposit 1
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Deposit 2
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MAKE A DEPOSIT
MAKE A DEPOSIT
Select a payment method, fund your trading account and start trading.