Precious Metals (Spot)
Get superior service and instant order execution on 3 Spot Metal pairs from Esipips Capital. Take control of your forex investments and enjoy the best risk-reward opportunities of the financial markets with an award winning forex brokerage firm. Reap the benefits of superior professional services and instant order execution on 3 Spot Metal pairs backed by some of the best liquidity providers in a modern, safe, technology driven trading environment.
Spot Metal Pairs
The spot price, as opposed to a futures contract, of a precious metal like Gold (XAU) or Silver (XAG) is the cash price of that metal in the market at the current point in time. With Cabana Capitals, precious metal trading is the act of exchanging Gold or Silver spot prices for a major currency. An example of this is the pair XAGEUR (trades Silver against the Euro), or XAUGBP (Gold against the British Pound).
Spot metal traders use both long- and short-term price charts to monitor Gold or Silver’s price movements, and then place a trade depending on which direction they believe the price may go next. Depending on the market’s current state of volatility, investors might choose to hold either a long- or short-term position according to their trading strategy.
One of the most appealing aspects of trading precious metals’ spot prices is that gold and silver— unlike currencies — are very rarely affected by political and economic events. These assets are typically seen as a hedge against inflation, meaning that regardless of the current state of the financial market, the opportunities to trade metals are potentially plentiful.
Widely regarded as potential safe havens
Good for diversifying your investment portfolio
Popular trading choices during times of volatility
Key benifits of trading forex
Gold and silver have been exchanged for goods and currencies throughout time —and these precious metals continue to be a popular choice among traders today.
Trading precious metals
Trading precious metals is one of the most popular ways of diversifying your portfolio. Trade spot gold and spot silver prices against the US Dollar and other major currencies with a True ECN Broker today, and reap the potential benefits.
What is spot metal trading?