Trading precious metals TRADING PRECIOUS METALS
Trading precious metals is one of the most popular ways to diversify your investment portfolio. Immediately trade spot gold, spot silver against the US dollar and other major currencies on 融汇金融 to gain potential advantages.
Factors affecting foreign exchange INFLUENCING FOREIGN EXCHANGE FACTORS
Historically, gold and silver have been used to exchange commodities and currencies, and these precious metals are still a popular choice for traders. Trading spot gold and silver against major currencies, including:
XAUUSD (Gold/U.S. dollar)
XAUEUR (Gold/Euro)
XAUGBP (gold/pound sterling)
XAGUSD (Silver/U.S. dollar)
 XAGEUR (Silver/Euro)
The main benefits of trading precious metals THE MAIN BENEFITS OF TRADING PRECIOUS METALS

 Generally regarded as a potential investment haven
 Conducive to diversification of your investment portfolio
 Popular trading options during periods of severe market volatility

What is spot metal trading? WHAT IS SPOT METAL TRADING
Unlike futures contracts, the spot price of precious metals such as gold (XAU) or silver (XAG) is its cash price in the current market. At Ruihong, precious metals trading is to exchange gold or silver spot for major currencies, such as XAGEUR (trading silver to euro) or XAUGBP (trading gold to British pound).
Spot metal traders use both long-term price charts and short-term price charts to monitor the price trend of gold or silver, and then trade according to their expected price trend in the future. Based on the current volatility of the market, investors can choose long-term or short-term positions according to their trading strategies.
The most attractive thing about trading precious metal spot prices is that, unlike currencies, gold and silver are rarely affected by political and economic events. These assets are often seen as a tool to hedge against inflation, which means that regardless of the current state of the financial market, the potential opportunities for precious metals trading are considerable.
Trading precious metals is one of the most popular ways to diversify your investment portfolio. Immediately trade spot gold, spot silver against the US dollar and other major currencies on 融汇金融 to gain potential advantages.