Gold, as the most economically and culturally significant precious metal, is among the most actively traded raw resources on the planet, alongside crude oil.
The purchase of gold as an investment is common practise in the UK. You may trade gold, silver, and platinum with a CMC Markets account because they are all a part of the commodities market. Gold can be purchased in numerous ways, such as in the form of bullion, coins, or even stocks in the stock market.
Gold Trading Online
Gold trading possibilities are varied. Gold could be bought and sold at the spot price, which would be the simplest method. The gold spot price is the current market price at which gold can be bought or sold for immediate delivery. Forward contracts, in which two parties agree to buy and sell an item at a preset price at a future date, can also be used to trade gold. Learn more about forward trading by clicking here.
Trading commodities is only one of the many markets that can be traded using CMC Markets’ spread betting and CFD trading services. Gold trading is available during regular trading hours and features competitive spreads, buy and sell prices, margin rates, and more which can be viewed on the instruments page for Gold – Cash. Additionally, we now provide a US Gold share basket that follows the 15 most liquid stocks in the gold business and may be traded using spread betting or contracts for difference. Gold equities like Newmont, Barrick, and Franco-Nevada—which together account for almost a quarter of the US market—are included in this $20 million basket.
Gold Trading Platform
As previously indicated, our Next Generation online trading platform allows clients to spread bet and trade CFDs on a wide variety of shares, ETFs, and the physical gold metal. Our price charts can be adjusted to better show the information you need to make trading decisions, such as when to enter and leave a position.
Sign up for a real account right now to begin trading gold, or get acclimated to our cutting-edge trading platform with ten grand’s worth of virtual cash.
Gold Spread Betting
These gold trading products are among our most sought after offerings. Spread betting on gold allows you to profit from price fluctuations in the gold market without actually owning any gold. Through spread betting, you can build a gold investment position based on your prediction of whether the price of gold will climb or decline. Profits or losses will be realised depending on whether the market moves in your favour.
Gold CFDs
In order to make a trade in gold contracts for difference (CFDs), the investor needs to put up only a small fraction of the whole trade value (the “margin requirement”). You do not take physical possession of the gold (like in spread betting), but instead agree to swap the value created by the lapse of time between when the position is opened and when it is closed. Take into account that just as there is a chance of making money dealing gold, there is also a chance of losing money.
Gold Trading Using Commodity Indices
Gold, silver, platinum, and palladium can all be traded as CFDs, and spread bets can be placed on commodity baskets. To help you diversify your portfolio, we’ve created a commodity index that allows you to buy or sell across various commodities in a single transaction. Gold is just one of many precious metals available for investment.
Gold and silver, as the two most important precious metals, account for 70% of the index’s total weight. 30% of the commodities are platinum and palladium. The indexes function by following changes in the underlying values of the commodities they represent; if the price of gold, for example, rises inside the index, then the value of the index as a whole will rise as well. The value of the index as a whole would fall in a similar fashion if the price of gold were to fall.
It’s possible to gain exposure to gold trading without gambling everything on a single commodity by trading commodities indices. Trading gold can be risky because of the asset’s short-term volatility. Traders betting on our Precious Metal Index need not pin all their hopes on the price of gold, but may also keep their options open by betting on the index’s performance relative to other commodities.