Precious Metals
Given their scarcity and widespread demand, precious metals and industrial metals are valued highly across the world. The price dynamics of these metals are often influenced by the overall performance of the global economy, making them an attractive option for trading.
Heterogeneity
Precious metals serve as a valuable financial tool for diversifying investment portfolios and mitigating risks during economic downturns or periods of inflation. Gold, in particular, is often regarded as a "safe haven" due to its innate value that is relatively resilient to the devaluation of the economy. During times of economic recession or political turmoil, there is a tendency for investors to take long positions on gold as a means of safeguarding their investments.
Trading Metals with WandsysFx
Clients have the option to trade in four different metals - Silver, Gold, Palladium, and Platinum - through our platform.
| Metals | ||||||
|---|---|---|---|---|---|---|
| Instruments | Name | Min. Ticket Size | Max. Ticket Size | Trading Steps (Lots) | Contract Size | Currency |
| XAGEUR | Silver vs Euro | 0.01 | 100 | 0.01 | 5000 | EUR |
| XAGUSD | Silver vs US Dollar | 0.01 | 100 | 0.01 | 5000 | USD |
| XAUEUR | Gold vs Euro | 0.01 | 50 | 0.01 | 100 | EUR |
| XAUUSD | Gold vs US Dollar | 0.01 | 50 | 0.01 | 100 | USD |
| XPDUSD | Palladium vs US Dollar | 1 | 5000 | 1 | 1 | USD |
| XPTUSD | Platinum vs US Dollar | 1 | 5000 | 1 | 1 | USD |