Bullion
Gold and silver
Gold is a precious metal and malleable in nature. Historically, it has been a very valuable metal due to its precious nature and used as a medium of exchange or as currency.
Silver is a white metal. Like gold, it is also a precious metal. For traders, Gold and Silver are among the most popular commodities due to their inherent physical value and adaptability to both long and short-term speculative investing.
Why trade with Fxcg? Lower spreads • Leverage up to 200:1 • Institutional grade trade execution
| Symbol | Description | Spread Type | Min mum Tick Increment | CFD Currency | Contract Size per 1 Lot (Ounces) | Min Trade Size（Lots） | Max Trade Size（Lots） | 3 Day Roll | Trading Hours | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sunday | Monday to Thursday | Friday | |||||||||
| XAUUSD | God vs US Dollars | Float | 0.01 | USD | 100 | 0.01 | 20 | Wednesday | 23:02-24:00 | 00:00-21:59 23:01-24:00 | 00:00-21:59 |
| XAGUSD | Silver vs US Dollars | Float | 0.001 | USD | 5000 | 0.01 | 20 | Wednesday | 23:02-24:00 | 00:00-21:59 23:01-24:00 | 00:00-21:59 |
Why trade bullion?
- Arbitrage
- Hedge against inflation
- Speculation
- Go short or long
- Active trading instruments
Bullion Trading Examples
Your trading gross profit is calculated as follows:
Open price
1477.98
Closing price
1534.21
Profit from exchange
56.23 * 2 = 112.46
Open a position
The price of XAUUSD is 1477.88 / 1477.98, and you decide to buy 2 standard lots at 1479.98.
Close out
XAUUSD fell to 1532.141 / 1534.31 after one week, and you decide to sell 2 standard lots at 1532.41.
