Metals trading
Make money using CFDs on Platinum, Gold and Silver with world-class broker AdeGroup.
Advantages of cooperation with AdeGroup
All client transactions are transferred to liquidity providers.The broker does not interfere with the execution process, which ensures lightning-fast processing speed from 5 ms. Over the past year, the transaction execution statistics per second amounted to +3000 trading operations.
Average order processing time 15 ms
+6000 trades processed within a second
Zero ping from AdeGroup data center to trading servers
Choose the terminal that suits you
We provide our clients with a large selection of convenient mobile, PC and web platforms: MyTrading, Web-Trader, PC-Trader.
Choose the account that suits you by studying the features of individual accounts in table for comparison
What determines the cost of metals?
Precious metals reflect the state of the global economy. Therefore, first of all, quotations of gold and metal depend on the level of inflation, interest rates, the course of monetary policy of individual central banks and various other macroeconomic indicators.
The price of gold also depends heavily on the sentiment of large investors. If they see signs of a crisis, which is usually evidenced by relevant news, an increase in unemployment, and the depreciation of national currencies, then investors withdraw their capital from risky assets and pour it into gold, as well as other safe-haven assets. In addition to the fact that gold allows you to wait out a troubled period, it also usually grows well during periods of heyday of crises. If everything is good in the economy, stock indices are growing and nothing portends trouble, then gold becomes cheaper, because owners of large capital then prefer to keep money in riskier, but also more profitable assets.
The intraday movement of gold prices is usually determined by the global fundamental background and news from the US and China. The United States is exerting significant pressure because gold prices are denominated in the US dollar. Accordingly, they have an inverse correlation. Well, China is a serious consumer of gold, and therefore the state of its economy directly affects the XAUUSD exchange rate. So it is important for traders to look at the AdeGroup economic calendar.
Gold prices also greatly depend on the volume of production and consumption of the precious metal on the global world market. Therefore, it is important to monitor the actions of individual exporting countries and analyze IT technology news, since this is one of the key areas of consumption of gold and other precious metals
The exchange rate of platinum is more stable compared to gold and silver. Because there is a stable and increased demand for this metal. It is used today in a number of industrial sectors. And if gold, for example, exists in pure form, then platinum is found exclusively in the form of an alloy, since the process of its separation is extremely labor-intensive. Therefore, approximately 5 million troy ounces of this metal are mined in the world per year, while gold is sold approximately 18-20 times more, and silver - 100 times.
Analysts note that silver reserves on our planet are very limited. Therefore, its value will only increase over time. In this regard, experts' long-term forecasts for silver are very optimistic. But within small time frames, silver is a rather volatile asset, forming both upward and downward trends.
In general, the exchange rate of metals depends on the objective market laws of supply and demand. When demand increases, the cost immediately increases. If there are fewer people willing to buy metals, then, accordingly, the quotes drop. Changes in demand can be noticed not only by fundamental, but also by technical factors. For example, the decay of momentum as the price rises indicates that the trend is ready to reverse.
Then you will be able to replenish your trade balance. For this purpose, support is provided for a number of convenient payment systems.
If you don’t feel confident, you can always practice and test earning techniques on a demo account without any risk.
Trading on world markets
There are three large exchanges in the world, which account for the bulk of metal trading. They are located in London, New York and Shanghai. There are other sites, but the volumes there are significantly lower.
LME is an exchange for metals trading in London. The platform has been providing intermediary services, bringing together buyers and sellers since 1877. Since its inception, LME has served as an important hub for those who wanted to buy or sell tin, copper, and gold.
The second largest metals exchange is NYMEX, the New York Mercantile Exchange. This is where the bulk of futures contracts are executed. NYMEX has a COMEX division that provides futures and options trading for gold, silver, copper, aluminum and other metals. NYMEX accounts for over 15 thousand large exchange transactions in metals per year.
The Shanghai Gold Exchange uses precious metal exchange rates that are set on trading floors in London and New York. The Shanghai Exchange began its work in 2002 as a non-profit organization. It brings together sellers and buyers of metals in the Asian region, but trading opportunities are also provided for foreign banks and large companies.
Trading operations with metals occur primarily through futures and options contracts for one gold bar. And over the course of a year, the trading volume of gold alone on this site ranges from 25 tons and above.
Pay attention to the list of metals given above. Click on any of them to immediately see a chart of its quotes along with the current Ask and Bid prices, as well as key parameters: volatility, local and global high/low, etc.
Make money with AdeGroup CFD contracts on precious metals!
Get more information about metals trading at AdeGroup
Make money trading metals at AdeGroup
The most popular assets among metals for traders are, of course, silver and gold. In the AdeGroup terminal you can open positions to buy/sell these assets at real prices with narrow spreads.
Trading metals using long-term strategies is one of the easiest ways to make a profitable investment. And in times of crisis, such an investment strategy will help to simultaneously save and significantly increase your existing capital. You can practice on a demo and then confidently earn money on a real AdeGroup account
More assets - more opportunities!
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