LOOKING FOR SECOND INCOME IN STEADY TIMES? TRY US!
Updated: Nov 7
The price of commodities can never go to zero. Like no other commodity, gold has held the fascination of human societies since the beginning of recorded time. The U.S. monetary system was based on a gold standard until the 1970s.1 Proponent of this standard argues that such a monetary system effectively controls the expansion of credit and enforces discipline on lending standards since the amount of credit created is linked to a physical supply of gold. It's hard to argue with that line of thinking after nearly three decades of a credit explosion in the U.S. led to the financial meltdown in the fall of 2008.
From a fundamental perspective, gold is generally viewed as a favorable hedge against inflation. Gold functions as a good store of value against a declining currency.
People often fails to understand the mechanism of investing and earning from gold trading. There has always been a bubble around the concept of gold trading. Today in this blog let's look up how at Seven Capitals you can invest in gold and earn your second income side by side with your regular jobs.
What is Gold Trading? How can we trade?
The easiest way to gain exposure to gold is through the stock market, via which you can invest in actual gold bullion or the shares of gold-mining companies. Investing in gold bullion won't offer the leverage you would get from investing in gold-mining stocks. As the price of gold goes up, miners' higher profit margins can boost earnings exponentially. Suppose a mining company has a profit margin of $200 when the price of gold is $1000. If the price rises 10%, to $1100 an ounce, the operating margin of the gold miners goes up to $300 – a 50% increase.
You can't ignore the effect of human psychology when it comes to investing in gold. The precious metal has always been a go-to investment during times of fear and uncertainty, which tend to go hand in hand with economic recessions and depressions.
How is Seven Capitals helpful in your trading journey?
Trading the yellow metal isn’t hard to learn, but the activity requires skillsets unique to this commodity. Our motto is to make sure that your trading journey is benefitted.
We provide you with the facility to open an online demo and live account for gold investment. Through this account, you can buy, sell or fix prices for future purchases at any time from anywhere.
You can start online gold trading by buying or selling gold through your account once funded. You can book gold at an international spot price from anywhere from Monday to Friday. You can place one or more orders at the same time or at different times.
You don't have to be a Master of Gold Trading!!
We believe that everyone has the right to build a relationship with wealth. Whether you’re an experienced trader or a novice, we'll give you the knowledge, the technology, and the support to hit your stride in the financial markets.
Discover the global gold trading markets on our latest platform Meta Trader 5 and get the first-hand experience of being a professional trader.