Gold Prices

Apr 28, 2017 at 03:32
433 Angesehen
6 Replies
Mitglied seit Dec 22, 2016   20 Posts
Apr 28, 2017 at 03:32
There are really some big events happening in the market that affected the movement of gold, the first one is the sluggish movement of the dollar and the other one was that recently after reading this (https://www.funds-money.com/gold-prices-were-stable/) it seems like French election will also add an impact with it. What will be your trading ideas?
Mitglied seit Apr 18, 2017   38 Posts
Jun 02, 2017 at 09:32
Gold trading metal is my most favorite one, I use this volatile trading instrument with my news trading knowledge! Here I get more pips in every event than general Forex instruments, that’s the real advantages of using Gold metal! But, high trading spread is irritating! Whatever, I always enjoy gold trading!
Mitglied seit Feb 12, 2016   522 Posts
Jun 02, 2017 at 14:45
ChenLipKeong posted:
Gold trading metal is my most favorite one, I use this volatile trading instrument with my news trading knowledge! Here I get more pips in every event than general Forex instruments, that’s the real advantages of using Gold metal! But, high trading spread is irritating! Whatever, I always enjoy gold trading!


Hello, what are the average spreads during active session with you broker? It should not be more then few cents.
Mitglied seit Nov 14, 2015   325 Posts
Jun 02, 2017 at 14:54 (bearbeitet Jun 02, 2017 at 14:58)
ICMarket normally (EU-US session) gives me 10-15 Point ($0.1-0.15) spread. Appears to be 12-19 Point on Pepperstone, ($0.12-0.19), but without comission. Slightly lower on cTrader compare to Metatrader (7-10 Point), but with way higher comission.
Mitglied seit Mar 17, 2017   10 Posts
Jun 04, 2017 at 06:18
When you say Gold metal do you mean physical gold?
Mitglied seit Dec 11, 2015   1487 Posts
Jun 04, 2017 at 11:33
BarryMoore posted:
When you say Gold metal do you mean physical gold?

I am pretty sure that's what they mean, yes.
Mitglied seit Feb 12, 2016   522 Posts
Jun 05, 2017 at 11:10
mlawson71 posted:
BarryMoore posted:
When you say Gold metal do you mean physical gold?

I am pretty sure that's what they mean, yes.

This should be the spot price.
Trading physical gold with rea delivery will not be on such tight spreads.
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