Trading Gold and Silver
Posted on: 08 May 2015 , by: Pepperstone Support , category: About Trading
Pepperstone offers four precious silver and gold crosses on our MetaTrader4 platform. Gold and silver are traded against both the US dollar and euro, and are traded in a similar way to any other currency pairs on the platform.
XAU/USD is a spot commodity pair based on the physical price that gold can be bought or sold at a particular point in time. Influenced heavily by supply and demand, as well as US Dollar risk, spot gold is a volatile yet increasingly popular commodity available within the interbank market.
XAG/USD is a spot commodity pair based on the physical price that silver can be bought or sold at a particular point in time. Given silvers common use in jewelry and consumer products, supply and demand heavily influence movements in this pair.
Advantages of trading Gold and Silver though Pepperstone
- Access to institutional grade spreads and trade execution
- Minimum trade size of $0.10 per pip
- Leverage up to 500:1
- No commission fees on commodity pairs
- The ability to hedge positions on a single account
|Instrument||Minimum trade size||Margin requirement from as low as||Spreads from||Contract size per standard lot||Session times|
|0.01||AUD $3.81||0.04||100 ounces||01:00 to 23:59 (GMT+3)|
|0.01||AUD $2.60||0.04||5000 ounces||01:00 to 23:59 (GMT+3)|