Precious Metals

Precious Metals Trading


Engage in spot trading of precious metals through CFDs and seize unlimited trading opportunities with the latest market insights.


As a long-term investment vehicle, trading and holding physical precious metals has gained significant popularity among individual investors in recent years. With a robust trading market, flexible trading methods, and straightforward operations, both seasoned investors and newcomers to gold investment can leverage these products to capitalize on lucrative profit opportunities.
Spot Gold
Spot gold, often referred to as London gold due to its origins in London, is a type of contract trading that employs capital leverage. Priced in "dollars per ounce," transactions are settled in U.S. dollars. Unlike physical gold, trading spot gold eliminates the need for extraction, thereby bypassing the complexities of transportation, storage, inspection, and authentication. Consequently, the spread between buying and selling prices is narrower than that of physical gold. Currently, ForexPhyx offers XAU/USD trading products.
Spot Silver
Spot silver, similarly known as London silver, is a leveraged investment product that operates 24 hours a day, just like spot gold. The price of silver is primarily influenced by the dynamics of supply and demand. Recently, a supply shortage has bolstered silver's fundamentals, resulting in greater price volatility compared to many other metals. ForexPhyx also provides XAG/USD trading products.
Both spot gold and silver are available for trading nearly 24 hours a day, with a brief pause during market closure from 17:15 to 18:00 EST daily.
Why Trade Spot Gold and Silver?
Flexible Leverage: Up to 400:1
• Two-Way Trading: Opportunity to go long or short, supporting multiple currencies such as the U.S. dollar, Australian dollar, British pound, and Euro.
• T+0 Real-Time Transactions: Multiple transactions can occur within the same day, ensuring high liquidity.
• Active Market: High price volatility creates numerous opportunities for wealth generation.
• Transparent Market Information: Influenced by macroeconomic factors, relevant news, and real-time economic data.
• 24-Hour Online Trading: Available from Monday to Friday, providing ample profit opportunities. •
Leverage and Margin Trading
Spot gold and silver trading utilizes a margin system, typically offering high leverage. Many traders provide a leverage ratio of 100:1, allowing traders to amplify their investment capital. For instance, if the price of gold is $1,950 per ounce, trading 1 ounce under a 100:1 leverage requires only a margin of $19.50. At ForexPhyx, we offer leverage ratios of up to 400:1. However, it is important to note that margin trading can magnify both profit potential and risk.
Quotations and Spreads
The spot trading prices for gold and silver are quoted in the international market as "dollars per ounce," indicating the dollar value of one ounce of gold or silver. The minimum increment for gold is 0.01, while for silver, it is 0.001.
For example, if the gold quotes are 1930.12/1930.57, it indicates that you can sell one or more lots of gold at 1930.12 or purchase at 1930.57. The spread, which represents the cost of the trade, is the difference between the selling and buying prices (1930.57 - 1930.12), amounting to 0.45.
Profit and Loss Calculation
The contract value is calculated as the current price of gold (or silver) multiplied by the number of transactions. For example, if you buy 1 lot of gold (1 lot = 100 ounces) at a price of 1930.57 and later sell when the price rises to 1960.98, your profit would be (1960.98 – 1930.57) x 100 ounces = $3,041. Conversely, if the price falls below 1930.57, a loss will incur.