Spot gold (XAU) and spot silver (XAG) are tradable commodities offered by IronFX at the best-of-market spreads and spot execution without having additional foreign exchange exposure. Spot trading is done similarly to forex currency trading where investors take short or long positions of the metals’ prices. There is no centralised marketplace for spot gold or silver trading and thus trading is accessible 23 hours a day, 5 days a week. IronFX offers CFDs on spot metals in both USD and EUR.
There are many reasons why investors choose to trade spot metals:
Diversify your portfolio: Investors take advantage of spot trading as an emerging asset class in a bigger and well-balanced trading portfolio.
Hedging opportunities: Trading spot metals creates great opportunities for hedging in every liquid market, with investors gaining more exposure with limited risk.
Safe investment: Spot metal trading is considered to be a safe haven.
Trade gold and silver and take advantage of the emergence of spot metals as a strong asset class. IronFX offers CFDs on spot metals in both USD and EUR through our award winning trading platforms. Only 1% margin required for spot metals.