Trade Gold with AFX
- Trade Gold, Silver and other precious metals
- Competitive spreads
- Take advantage the market volatility
- Ideal products for long or short-term speculation
Trading Hours - Gold trading begins from Sunday at 00:00 GMT to Friday at 18:30 GMT
Price Quotation - Gold trades in Troy Ounces and its quote in dollars
Gold is an attractive precious metal and the most malleable and ductile metal known. It has been highly sought-after for centuries due to its unique characteristics and is well-known for its use for jewellery, coinage, art, and has been widely used throughout the world as a vehicle for monetary exchange.
Like other precious metals, gold is measured by troy weight and by grams, and its price is determined through trading in the gold and derivatives market, but a system known as the Gold Fixing in London, founded in September 1919, provides a daily benchmark price to the industry.
Gold has been considered a safe asset and an effective form of investment during times of economic turmoil and global crisis.
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