{"id":24295,"date":"2017-12-19T15:51:47","date_gmt":"2017-12-19T10:21:47","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=24295"},"modified":"2017-12-19T16:48:17","modified_gmt":"2017-12-19T11:18:17","slug":"metals-trading","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/metals-trading\/","title":{"rendered":"Metals Trading"},"content":{"rendered":"<div class=\"wpb_text_column wpb_content_element \" style=\"margin: 0px 0px 35px; padding: 0px; font-family: Arial, Helvetica, sans-serif;\">\n<div class=\"wpb_wrapper\" style=\"margin: 0px; padding: 0px;\">\n<p style=\"margin: 15px 0px 0px; padding: 0px; font-size: 12px; color: rgb(81, 79, 79); line-height: 18px; text-align: justify;\">\n\t\t\tGold 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&rsquo;s popularity has increased beyond that of the rise in its price.\n\t\t<\/p>\n<p style=\"margin: 15px 0px 0px; padding: 0px; font-size: 12px; color: rgb(81, 79, 79); line-height: 18px; text-align: justify;\">\n\t\t\tSpot 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.\n\t\t<\/p>\n<p style=\"margin: 15px 0px 0px; padding: 0px; font-size: 12px; color: rgb(81, 79, 79); line-height: 18px;\">\n\t\t\t&nbsp;\n\t\t<\/p>\n<h2 style=\"margin: 0px; padding: 0px; font-size: 18px; color: rgb(83, 155, 1); text-align: justify;\">\n\t\t\tGold Trading Example<br \/>\n\t\t<\/h2>\n<p style=\"margin: 15px 0px 0px; padding: 0px; font-size: 12px; color: rgb(81, 79, 79); line-height: 18px; text-align: justify;\">\n\t\t\t<strong style=\"margin: 0px; padding: 0px;\">Opening a Gold position<\/strong>\n\t\t<\/p>\n<p style=\"margin: 15px 0px 0px; padding: 0px; font-size: 12px; color: rgb(81, 79, 79); line-height: 18px; text-align: justify;\">\n\t\t\t<em style=\"margin: 0px; padding: 0px;\"><strong style=\"margin: 0px; padding: 0px;\">Opening the Position<\/strong><\/em>\n\t\t<\/p>\n<p style=\"margin: 15px 0px 0px; padding: 0px; font-size: 12px; color: rgb(81, 79, 79); line-height: 18px; text-align: justify;\">\n\t\t\tThe 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.\n\t\t<\/p>\n<p style=\"margin: 15px 0px 0px; padding: 0px; font-size: 12px; color: rgb(81, 79, 79); line-height: 18px; text-align: justify;\">\n\t\t\t<em style=\"margin: 0px; padding: 0px;\"><strong style=\"margin: 0px; padding: 0px;\">Closing the Position<\/strong><\/em>\n\t\t<\/p>\n<p style=\"margin: 15px 0px 0px; padding: 0px; font-size: 12px; color: rgb(81, 79, 79); line-height: 18px; text-align: justify;\">\n\t\t\tOne 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.\n\t\t<\/p>\n<p style=\"margin: 15px 0px 0px; padding: 0px; font-size: 12px; color: rgb(81, 79, 79); line-height: 18px; text-align: justify;\">\n\t\t\t<strong style=\"margin: 0px; padding: 0px;\">The gross profit on your trade is calculated as follows:<\/strong>\n\t\t<\/p>\n<p>\n\t\t\t&nbsp;\n\t\t<\/p>\n<p>\n\t\t\t&nbsp;\n\t\t<\/p>\n<\/p><\/div>\n<\/div>\n<div class=\"wpb_text_column wpb_content_element \" style=\"margin: 0px 0px 35px; padding: 0px; font-family: Arial, Helvetica, sans-serif;\">\n<div class=\"wpb_wrapper\" style=\"margin: 0px; padding: 0px;\">\n<table class=\"tablepress tablepress-id-7\" id=\"tablepress-7\" style=\"margin: 0px; padding: 0px; border-collapse: collapse; border-spacing: 0px; width: 580px; border: none;\">\n<thead style=\"margin: 0px; padding: 0px;\">\n<tr class=\"row-1 odd\" style=\"margin: 0px; padding: 0px;\">\n<th class=\"column-1\" colspan=\"2\" style=\"margin: 0px; padding: 8px; border-top: none; border-right: none; border-bottom: 1px solid rgb(221, 221, 221); border-left: none; border-image: initial; background: 0px 0px rgb(209, 209, 209); text-align: left; vertical-align: middle; float: none !important;\">\n\t\t\t\t\t\tCalculation\n\t\t\t\t\t<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-hover\" style=\"margin: 0px; padding: 0px;\">\n<tr class=\"row-2 even\" style=\"margin: 0px; padding: 0px;\">\n<td class=\"column-1\" style=\"margin: 0px; padding: 8px; border-top: 0px; border-right: none; border-bottom: none; border-left: none; border-image: initial; background-image: initial; background-position: 0px 0px; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; vertical-align: top; float: none !important;\">\n\t\t\t\t\t\tOpening Price\n\t\t\t\t\t<\/td>\n<td class=\"column-2\" style=\"margin: 0px; padding: 8px; border-top: 0px; border-right: none; border-bottom: none; border-left: none; border-image: initial; background-image: initial; background-position: 0px 0px; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; vertical-align: top; float: none !important;\">\n\t\t\t\t\t\t1660.50\n\t\t\t\t\t<\/td>\n<\/tr>\n<tr class=\"row-3 odd\" style=\"margin: 0px; padding: 0px;\">\n<td class=\"column-1\" style=\"margin: 0px; padding: 8px; border-top: 1px solid rgb(221, 221, 221); border-right: none; border-bottom: none; border-left: none; border-image: initial; background: 0px 0px rgb(249, 249, 249); vertical-align: top; float: none !important;\">\n\t\t\t\t\t\tClosing Price\n\t\t\t\t\t<\/td>\n<td class=\"column-2\" style=\"margin: 0px; padding: 8px; border-top: 1px solid rgb(221, 221, 221); border-right: none; border-bottom: none; border-left: none; border-image: initial; background: 0px 0px rgb(249, 249, 249); vertical-align: top; float: none !important;\">\n\t\t\t\t\t\t1680.00\n\t\t\t\t\t<\/td>\n<\/tr>\n<tr class=\"row-4 even\" style=\"margin: 0px; padding: 0px;\">\n<td class=\"column-1\" style=\"margin: 0px; padding: 8px; border-top: 1px solid rgb(221, 221, 221); border-right: none; border-bottom: none; border-left: none; border-image: initial; background-image: initial; background-position: 0px 0px; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; vertical-align: top; float: none !important;\">\n\t\t\t\t\t\tDifference\n\t\t\t\t\t<\/td>\n<td class=\"column-2\" style=\"margin: 0px; padding: 8px; border-top: 1px solid rgb(221, 221, 221); border-right: none; border-bottom: none; border-left: none; border-image: initial; background-image: initial; background-position: 0px 0px; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; vertical-align: top; float: none !important;\">\n\t\t\t\t\t\t19.50\n\t\t\t\t\t<\/td>\n<\/tr>\n<tr class=\"row-5 odd\" style=\"margin: 0px; padding: 0px;\">\n<td class=\"column-1\" style=\"margin: 0px; padding: 8px; border-top: 1px solid rgb(221, 221, 221); border-right: none; border-bottom: none; border-left: none; border-image: initial; background: 0px 0px rgb(243, 243, 243); vertical-align: top; float: none !important;\">\n\t\t\t\t\t\tGross Profit on Trade\n\t\t\t\t\t<\/td>\n<td class=\"column-2\" style=\"margin: 0px; padding: 8px; border-top: 1px solid rgb(221, 221, 221); border-right: none; border-bottom: none; border-left: none; border-image: initial; background: 0px 0px rgb(243, 243, 243); vertical-align: top; float: none !important;\">\n\t\t\t\t\t\t2 contracts x 10 oz x US $19.50 = US $390\n\t\t\t\t\t<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n<div class=\"next-link-ic\">\n\t<a href=\"http:\/\/www.icmarkets.com\/blog\/forex-terminology-2\/\">Next Article<\/a>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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. &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/metals-trading\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Metals Trading<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24295","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/24295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/comments?post=24295"}],"version-history":[{"count":6,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/24295\/revisions"}],"predecessor-version":[{"id":24491,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/24295\/revisions\/24491"}],"wp:attachment":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media?parent=24295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=24295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=24295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}