Trading/Investing admin on 06 Sep 2009 01:45 pm

Gold commodity trading

Can we trade in gold online as we trade stocks?

The answer is yes. Gold can be traded online. The symbol for gold is XAU. To learn more it is recommended to get yourself a free Forex ebook or tutorial and read everything you need to know.

It is also possible to  trade gold on the stock exchange. The symbol is GLD.

You will want to view some  online brokers’ websites to see if they offer accounts for gold commodity trading. When they do, you could trade online.

When you do gold commodity trading, you put up about 5% of the value. You can double your money if the commodity goes up 5%. But you will lose all your money when it goes down 5%. But before that happens, you will get what we call a “margin call” if it drops below the required margin.

On a general note, many believe the gold market is like a new currency.

Gold has been a form of currency for a very long time. But obviously it has now lost most of it’s banking appeal. But the interest for this market remains solid.  Gold commodity trading is alive due to the fact that  gold is considered as an investment vehicle despite its price has decreased considerably in the last decade.

13 Responses to “Gold commodity trading”

  1. on 07 Sep 2009 at 11:31 am 1.Five forex trading tips said …

    [...] See also gold commodity trading [...]

  2. on 22 Sep 2009 at 2:35 am 2.Alex Fernandes said …

    Thanks for sharing, people who are interested in gold trading will get good information from this post.

  3. on 04 Oct 2009 at 10:56 am 3.lilikindsli said …

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  4. on 03 Dec 2009 at 3:05 am 4.fx said …

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  6. on 18 Apr 2010 at 2:48 am 6.Joaquin Dubuc said …

    A handy take on this you have got, whereas I don’t agree with all that was mentioned I can see your case.

  7. on 13 May 2010 at 2:47 am 7.Kami Perich said …

    If you are a beginner in the Forex market, this could be intimidating and confusing at times. There are professionals and experts who acquire experience and knowledge through committing expensive mistakes. If this is your first time, you can be assured that you will lose money. You may also lack skills that would lead to profitable trade in the market. In order to go pass the challenges, you have the option to learn it on your own. In case you lose money, it is best to pick up the lesson that accompanies it. Take note that the learning curve is steep. Even the most intelligent people can be thrown off by complex and fractal movement in the markets.

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  9. on 17 May 2010 at 10:20 am 9.Wiley Seidenbecker said …

    it is my first reply on this blog and firstly I would like to thank you for the useful information, which I found in this and all previous topics , it really helped me very much. I will definitely put this blog on my rss reader ;) Also, I would like to ask - don’t you mind if I will quate some information from your blog because I am writing articles for the Hub pages, Ezine and other articles directories (this is my part time job)? It would really help me with some of mine articles. Of course, I will mention your blog title or URL (not all articles directories allows URL’s , so I can’t 100% promise that you will get a direct link to your blog).

  10. on 17 May 2010 at 2:01 pm 10.Desmond Heebsh said …

    There are many benefits to having a target and finishing for the day when you reach it. You should have a target for how much of an equity increase you will take for the day as well as an amount you are willing to lose for that particular day.

  11. on 19 May 2010 at 12:19 am 11.marketiva said …

    HA! Thanks for the great information really enjoyed the read !…

  12. on 01 Jun 2010 at 4:28 am 12.Karyn Padden said …

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  13. on 01 Jun 2010 at 5:01 am 13.admin said …

    Sure Karyn, go ahead.

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