Precious and base metals are all over the counter (OTC) products, meaning that buying and selling these commodities does not involve physical movement of them. The metal trade works similar to other common investments, with the intention of purchasing a metal at low value and selling for a profit when this has risen.
There are a wide variety of metals available to trade, from the three precious metals of gold, silver and platinum, to base metals that include aluminum, copper, nickel, lead and zinc.
Gold is the most actively traded metal due to its wide range of uses. From use in jewellery and electronics to the large reserves central banks hold, there is a constantly large supply and demand, influenced by market uncertainty, inflation and risk.
Ways to Trade Metals
There are a range of different ways to invest in precious and base metals:
Bullion: Those who want the physical gold coins and bars and have space to store them can invest in bullion.
Contract for Difference CFDs: A Contract for Difference allows you to speculate on price movements in a number of financial markets, regardless of whether they’re rising or falling.
Futures: High liquidity and leverage are available with online metal trading futures, providing large potential profits but also losses.
Certificates: Similar to investing in bullion, without the hassle of having to transport and store the metals yourself.
Further contract specifications need to be considered when deciding whether to enter the metal trade. These include the base currency used, contract size, point value and the market opening hours. Otherwise you can begin online metal trading easily.
Trade CFDs on spot metals and other asset classes with Seven Capitals in UAE. Spot gold and spot silver CFDs available on a range of trading platforms.
Why Metal Trading with Seven Capitals?
Trade Anyway You Want: Are you a beginner or experienced trader? A day-trader or a long-term investor? No matter what your experience or strategy, Seven Capitals metals can be traded multiple ways.
Trade anyway: Use it on your phone, tablet or desktop – our intuitive trading app allows you to trade anywhere there’s an internet connection. Make the world your market.
Gold & Silver Options: Options give you even more choice. You can trade no matter what direction the market is moving with known risk - no matter the outcome only your premium is exposed to the market.