What is precious metal?
Gold and silver are the most popular precious metal trading products in the market. They can both resist inflation and increase investment value. The transaction price is synchronized with the international gold price in real time. Investors can check the market price at any time, and the transaction price is open and transparent. You can trade precious metals in both directions for 24 hours. You can buy or sell, and you can buy and sell. Both the price rise and fall have profit opportunities. Moreover, you can buy and sell on the same day, without any price limit and flexibility.
Why invest in precious metals?
1, rare metals
Precious metals such as gold and silver are rare metals that are not renewable. They are a symbol of wealth. Banknotes have been constantly updated for thousands of years, but they have maintained their own value for a long time and are not directly affected by the economic policies of individual countries. With the continuous exploitation of human beings, their reserves are decreasing, and there is a big gap between supply and demand. The law of price and value will determine that their prices will rise in the future for a long period of time.
2, safe haven function
Precious metals such as gold and silver are the most effective tools for asset preservation during wars and social unrest. The 21st century is a turbulent century, wars, terrorist attacks, nuclear crises, and so on. The Middle East is always an area that cannot be calmed. With the end of the Afghan war and the Iraq war, the world has entered a nuclear crisis. As the most advantageous hedging tool, they have been sought after by the market.
3. Preservation and value-added functions
Precious metals such as gold and silver are the most effective umbrellas against the depreciation of the dollar, and it also has a lot of room for value growth. Unlike banknotes, bonds, and portfolios of securities that are likely to become worthless overnight, precious metals have intrinsic value, so they are always valuable.
4. Portfolio
The price fluctuations of precious metals such as gold and silver are not affected by other investment products and are relatively independent, even if only a small part of the portfolio can help reduce the overall risk.
▪Product Trading Rules
product name | Chinese name | Decimal point | Contract size per hand | lever | Minimum number of lots | Maximum number of lots |
---|---|---|---|---|---|---|
XAUUSD | gold | 2 | 100 ounces | 1:400 | 0.01 hand | 500 hands |
XAGUSD | silver | 3 | 5000 ounces | 1:400 | 0.01 hand | 500 hands |
* Risk Warning: The company's services include products that are traded on margin. The potential loss may exceed the risk of depositing funds and may not be suitable for all investors. Please ensure that you fully understand the risks involved.
Risk Warning: An investment in derivatives may mean investors may lose an amount even greater than their original investment. Anyone wishing to invest in any of the products mentioned in Best Wing Global Markets Ltd should seek their own financial or professional advice. Trading of securities, forex, stock market, commodities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Trading in the financial markets has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the markets. Don't invest and trade with money which you can't afford to lose. Forex Trading are not allowed in some countries, before investing your money, make sure whether your country is allowing this or not. You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any currency or spot metals trade. Nothing in this site should be read or construed as constituting advice on the part of Best Wing Global Markets Ltd or any of its affiliates, directors, officers or employees.
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