Broctagon Exchange allows you to speculate on the price movements of Gold (XAU) or Silver (XAG) relative to the US Dollar (USD). The spot metals market is often the most liquid when European market hours overlap with New York trading hours. In some cases, the market is known to go through periods of illiquidity when the US market closes.
Trading in spot metals, especially in Gold, is seen by many traders as a “Safe Haven” investment. This is because during periods of high volatility and thus increased risk and potential inflation, traders have a tendency to convert their funds to gold as a means to mitigating their losses. The table below shows the two spot metals derivatives we offer.
|Spot Metals Pair||Metal||Currency||Lowest Spread||Average Spread|