Last week, gold prices were soaring. In fact, the price per Troy ounce of gold nearly crossed the $1,300 threshold. However, markets have adjusted, and prices have consolidated. As of early trading on Tuesday, June 13, 2017, gold for July ...Read More »
How to Buy $100,000 of Gold with a Few Thousand Dollars using an Online Gold Trading Platform
With an online trading platform you can leverage the price of gold with up to 100:1 buying power. That means you can trade 100 ounces of gold with as little as $1,000. A forex trading platform enables you to trade gold, silver, oil and all of the major currencies.
Gold Forex Trading in The World’s Largest Market
During the last decade, there has been a dramatic increase of interest in Precious Metals as a form of investment. Many investors are only beginning to discover the ability to trade in the forex markets. Prior to the 1990’s the foreign exchange market was primarily an exclusive investment vehicle controlled by large banks and financial institutions. However, today the ability to trade precious metals against other currencies and primarily the U.S. dollar is now available to retail investors. The forex market enables you to begin gold trading with leverage of up to 100:1 anytime of the day. With a forex platform you could buy a position of 100 ounces of gold with as little as $1,000. However, before you risk trading any of your own money it is highly recommended that you begin with a Practice Account.
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