Spot Metals are becoming an increasingly popular across traders around the world. Precious metals like gold and silver, are considered to be safe heaven when things go bad in the financial markets. In times of great market uncertainty, people often tend to turn to the security of precious metals, with gold perceived to be an excellent inflation hedge.In general the price of metals only tends to go up and they are considered by many traders to be immune to inflation and safeguard from market volatility and high risk. Like all other instruments in the forex market, political and economic events can significantly influence the price of previous metals and cause their values to fluctuate.
Why Trade Spot Metals?
The natural properties of such precious metals give them a high intrinsic value that helped them become one of humankind’s first forms of currency. The trading of spot metals, such as gold, copper and silver, is appealing to active traders because these instruments have high liquidity.
Here is a list of Forex Brokers with Spot Metal Trading
MAS, JFSA, DIFC