intCourse overview
Traders can use historical prices to try to predict future price movements and critical price levels. Looking at the big picture, gold has been on an upward trend since September 2018, reaching an all-time high near $2,100 per ounce in August 2020.
Quiz
1/1
Level
Beginner’s
Time
30 minutes
Quiz
Test your skills
Course summary
Gold is known as the world’s most precious metal and a safe haven asset. When political and economic environments are uncertain – like for example during wars and pandemics – people invest in gold and other assets that tend to hold their value. In this course, we’ll introduce you to the world of gold trading and show you what moves its price and how to trade it as a CFD, instead of a traditional physical asset.
Gold trading refers to the buying and selling of gold in financial markets. Gold is considered a valuable commodity and is traded globally through various platforms such as futures exchanges, spot markets, and derivative contracts. It is known as a store of value asset, a hedge against inflation, and it is a popular asset during times of economic and geopolitical uncertainty. It is also used for diversification. Adding gold to a trading portfolio can help reduce overall risk.
