Why trade precious metals with IG?
Spot and metals trading platform Speculate on futures markets, or take a short-term view with expiry-free products. Metals on margin Gain full exposure to precious metals, such as gold, with only a small deposit.
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- MetalDesk Precious Metals Trading Platform | ABX
Risk management tools Make sure you have complete control over every trade with stops, alerts and more. Keep in mind that while this helps your capital to go further, it also means you stand to lose more than your initial outlay.
MetalDesk is the first metals trading platform of its kind, bringing price discovery from 7 global trading hubs in one online trading environment and offering increased liquidity and transparent pricing for those seeking access to the physical precious metals market. MetalDesk connects an international network of buyers and sellers, providing direct access to the wholesale bullion market with ease and simplicity.
For example, if a strike at a major silver mine interrupts production, silver prices may see an uplift over the short term.
An improvement in mining equipment, meanwhile, could have the opposite effect, speeding up production and saturating the market.
Economic uncertainty In times of economic and political instability, precious metals are traditionally viewed as safe havens due to their lasting value. Industrial output Precious metals have a huge range of industrial uses, including in the manufacture of automotive parts, medical devices, precision electronics and jewellery.
As demand for these goods grows, so does the demand for precious metals. Strength of the dollar Given that the precious metals are dollar-denominated, they are particularly susceptible to the value of the greenback. When the dollar falls, precious metals are both a good place to store its value and less costly for other countries to purchase — meaning it is likely to push the price of precious metals higher.
Interest rates Precious metals offer a desirable alternative for fixed-income investors, whose investments offer a lower yield when rates are slashed. Quantitative easing Precious metals generally perform better in a rising-inflation environment.
This is because quantitative easing, or money-printing, dilutes the value of the currency in circulation, and makes it more expensive to buy assets which are viewed as a reliable store of value.
Almost as importantly, they have a long history as a method of wealth exchange and storage. This means precious metals carry with them an intrinsic reputation. Like any currency, their value, then, comes from a consensus belief in that very metals trading platform.
Ways Of Trading Gold and Other Precious Metals with Barry Norman
As long as you metals trading platform your research and put in place measures to control your risk, you should feel confident in minimum bet options short and long-term positions on any of our metals. Uncertainty in any financial market may push investors towards the security of precious metals.
Better understand the impact of changes in the macro environment on carry trades Challenge Low interest rates and quantitative easing QE policies of have made the carry trade in metals highly attractive for banks and trading firms. But profit from carry trades in base metals depends on the fairly thin margin achieved between the cost of capital and metals storage charges on the one hand and the gradually appreciating price of the metal concerned on the other.
But as precious metals are denominated in the US dollar, the strength of the currency is a key to how they perform. This is generally an inverse relationship, in which a more valuable dollar has a negative impact on the value of the metals, and vice versa.
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