Precious metals

Although metal prices are consistent everywhere in the world after currency conversion, spot trading in metals depends on the price of the metal in relation to a particular currency. Fluctuating metal prices, combined with changing exchange rates, provide a profit opportunity for the astute investor.

In addition to spot trading in metals, trading in commodities is another option that an investor may want to consider. Commodities such as crude oil, coal and tin are also good alternatives depending on market conditions.

Spot gold trading is available full-time, 5 days a week, as long as the markets are open. Delivery of the commodity being traded is usually made 2 business days after the negotiation is finalized. This is a different reality from the reality of futures trading, where there is not just money and there is no physical delivery of goods.

Popular metals

The most popular precious metals for spot trading are:

• Gold
• Silver
• Platinum
• Palladium

These metals derive their popularity among commodities due to their intrinsic long-term value. Gold trading, in particular, is connected to this metal’s status as a security resource in times of uncertainty.

This reality contrasts with the reality of the stock market, which is where investors put their money when the economy is on the rise. As a result, gold and the stock market are often inversely related to each other: when one falls the other falls and vice versa.

Although gold is popularly considered to be the most precious metal, this is not exactly the case. Due to their scarcity, metals such as platinum and palladium have a higher value than gold. This value is not constant and its use in high-technology industries has caused the prices of certain metals to multiply in a short period of time.

Online gold trading allows you to leverage its high value against the world’s largest currencies, for example:

• US dollar (USD)
• Euro (EUR)
• British Pound Sterling (GBP)

Spot metal prices depend on global economic conditions as well as short-term volatility events such as natural disasters or wars. A price movement factor that is less drastic and more predictable is seasonal demand for precious metals and stones used in the jewelry industry. These natural resources experience a price spike that coincides with certain international festivals and celebrations.

Demand for precise metals is concentrated in Asia, especially in India and China. On the other hand, Europe and North America lead in commodity negotiations.

Advantages of gold trading at psi-markets

All spot prices of precious metals are in constant flux, especially on the 5 business days of the week. These prices can rise or fall 24 hours a day depending on a variety of factors. This means that there is simply too much information for any individual to absorb and process alone.

The fastest, easiest and most convenient alternative is to start trading gold at psi-markets. psi-markets compares gold spot trading prices against all popular currencies, as well as spot trading prices for other precious metals. This data is presented to our customers on our platform and in a simple to understand format. This allows you to identify and anticipate trends that will affect your investment portfolio and adjust it accordingly.

We created this intuitive platform based on many years of experience in the precious metals trading industry. We learn what works best from our many customers and adjust our suite of services to meet their expectations and keep up with market innovations.

At psi-markets, you receive cutting-edge technology that delivers data in an unprecedented way and instantly. Our wide range of trading instruments gives you complete control over the value and diversity of your investments. The trading decisions you make are implemented at lightning speed so you stay abreast and informed about the ever-evolving markets.

Speak to psi-markets today to find out how we can transform your ordinary trading experience into an extraordinary one.