Get Started
Live Account
Demo Account
Select Country

Metals Trading


Gold trading has taken off since the global financial crisis as investors seek to diversify their portfolios out of cash in to tangible assets. Gold has traditionally been a preserver of wealth and is seen by some as a hedge against inflation and the devaluing of a currency i.e. a reduction in its purchasing power. As governments across the globe employ expansionary policies lead by the devaluing of exchange rates, gold’s popularity has increased beyond that of the rise in its price.

Spot Gold or Silver can be traded as either a CFD on 1:100 leverage or against the US Dollar or Euro as a currency pair on 1:400 leverage.


Gold Trading Example

Opening a Gold position

Opening the Position

The price of gold is 1660.00/1660.50 you believe that the price of Gold will rise so you decide to buy 2 Gold CFDs at 1660.50 (one contract = 10 troy oz). There is no commission to pay on any of our commodities.

Closing the Position

One week later the price of gold has increased to 1680.00/1680.5. You decide to take your profit and sell 2 contracts at 1680.00.

The gross profit on your trade is calculated as follows:

Opening Price1660.50
Closing Price1680.00
Gross Profit on Trade2 contracts x 10 oz x US $19.50 = US $390
Forex Terminology

Final Lesson

We use cookies to personalise content and ads and to analyse our traffic. By clicking the OK button, you consent to IC Market's storing your personal data and agree to have read and understood our Privacy Policy.
To find out more about cookies, and how to manage them on Chrome internet browser please click here, for Internet Explorer browser click here, for Firefox browser click here, for Safari browser users click here.