Gold Trading Forex

Gold Trading Forex

Gold trading on the "non-busy" and he went kilo sold 24 carat is a unit measure the mass and are used to measure the psychological metals such as gold and silver weights.

In the Islamic account trading gold brokerage firm does not levy any interest or commissions to install contracts for more than a day and without any conditions, it was opened Gold 100 ounce minimum for the deal and more (and an ounce is 31.1 grams) and a 100-ounce is booked $ 1,500 Kmarzin insurance, and teams spread on the deal is $ 1, and is calculated every point in the gold deal for $ 1.

For example, in the new account you see in the trading price of gold price screen (purchase $ 936.73 for an ounce of gold, and the selling price $ 935.73 for an ounce of gold), and then you open the sale of gold to hold 100 per ounce, the price $ 935.73 price per ounce, and here will be reserve margin to secure $ 1,000 to open the package, and the difference in spreads is $ 1 (100 cents) between the purchase price and the selling price, and will be calculated every point of gold is moving in for $ 1, if the price moves to $ 935.63 and you closed the deal to win 10 dollars.

So how do you link the gold trade forex?
An excellent question .. and so we answer you must know that the gold in the world economy is seen as the protector of the country from the vagaries of inflation and is one of the most important commodities that are traded in, and many traders believe that trading in the Australian dollar, such as trading in gold. Australia's largest gold producer AUD and America's largest importing countries have USD because Australia is one of the world's largest gold producer and exports about 50% of it as a commodity as well as precious metals, and this item is considered one of the most important Australian GDP accounts, so watching many traders ups and downs this item because they affect the Australian dollar. Please remember that this is an important point.

If gold prices rose was so good for the Australian dollar, the worst on the US dollar and if the price of gold fell was the worst on the Australian dollar, and good for the US dollar when it does take advantage of that? Yes we trade in the US dollar / Canadian dollar against the AUD / USD to monitor the price of gold to take a look at the gold scheme compared to the Australian dollar.

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