Investors using the CPFX platform can trade in the precious metals gold, silver and platinum. Today, gold remains one of the most popular instruments for traders who want to safeguard their investments against all economic concerns, primarily inflation. Jewelers and precious metals traders, in particular, seek to protect themselves against risks by trading commodities using the forex market. To minimize their losses in the event that the physical gold in their safe-deposit boxes loses value, they sell at a low margin using our platform.
The MetaTrader 4 platform shows gold spot prices per ounce in USD.
Some basic commodity equations are as follows:
1 ounce = 31.10 g
1 lot gold = 100 ounces = 3.1 kg
1 lot silver = 5,000 ounces
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