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Gold is more than an expensive

Discussion in 'Commodities' started by ali200, Sep 25, 2013.

  1. ali200

    ali200 Registered

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    Gold is more than an expensive way to adorn ones neck or fingers. Its used for capping teeth and as a conductive material that will not corrode and will help transmit information electronically from one place to another. Its used to help build spaceships that require the strongest and most reliable components. Gold is even used medicinally, as part of a treatment plan for certain forms of cancer and rheumatoid arthritis. But in addition to its physical uses, gold is known as one of the most frequently traded metals largely because it has historically been considered a safe haven investment and one that isnt subject to dramatic fluctuations based upon the volatility or market movements of any major currency.

    http://www.forex-metal.com/affiliate/46199/2
     
  2. mak123

    mak123 Registered

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    Truely said gold is a good option to invest as it provide a wonderful opportunity to gain a good amount of profit. as observing last few years the price of gold has been increasing continuously therefore it is capable of benefitting us with good amount.
     
  3. Gaban

    Gaban Registered

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    Indeed, gold is a good investment especially if the gold price is rising. You can imagine how much profit we can get. but to start a gold investment, requiring a lot of capital. Therefore, I prefer trading forex. To start trading, it takes very little capital. We can open an account with $ 1 in instaforex.
     
  4. mak123

    mak123 Registered

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    In trading of gold risk is very less as compare to forex and never let us down always provide us benefits that why people get more attracted more in commodity trading then forex but prefer both forex trading and commodity trading as by having fundamental analysis for forex we get about rest of the world and we can easily prepare for commodity as well.
     
  5. Gaban

    Gaban Registered

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    Trading gold is more expensive than trading currencies. required spread is also very large so we need a lot of capital for gold trading. But gold is also a very big profit, because the movement of gold is also very fast. but I prefer to trade currencies only.
     
  6. kaito kid

    kaito kid Registered

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    It should be noted that gold is not only a precious metal with physical demand, but also an investment for dire times; on the other hand, platinum is more considered as an industrial metal, as its main demand comes from auto-catalyst makers; therefore in economic prosperity platinum thrives, while in economic slowdown and instability gold price tends to rise.
     
  7. Gaban

    Gaban Registered

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    gold trading is very profitable , so do not be surprised if gold becomes an option for some traders. therefore, gold have very fast movement and gold have small spreads. therefore I love gold trading
     
  8. uncle gober

    uncle gober Registered

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    Gold has been a precious metal for a very long time. Reason it has value is because of its hyper conductivity, its rarity, and its status of wealth(hard to change old habits).

    Also, the reason why its been raising in price is because the dollar is falling. The dollar has substancially weakened the last few years and is causing steady things to raise in price, such as gold.
     
  9. Gaban

    Gaban Registered

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    Gold is the most widely traded commodity in forex. because this commodity is the most widely traded commodity. so do not be surprised if gold has a movement that is very fast and has a high spread
     
  10. deadman

    deadman Registered

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    gold is a the great commoditi. it has high moving. we can get big profit in short time
     
  11. Gaban

    Gaban Registered

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    Gold is a very profitable investment, because the trade we can get a lot of money. this is because gold is an investment that is widely traded in forex. so gold has a very fast movement.
     
  12. orni308

    orni308 Registered

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    Gold has been a n excellent investment physically as well as when its traded, gold has been a bit volatile lately, but still if bought physically its a good investment.
     
  13. 1primerebate

    1primerebate Registered

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    Yes, gold is good for investment. Gold will never down of its price.

    You can also make investment in PAMM in PrimeRebate. There are many professional trader in PrimeRebate that using many brokers there..
     
  14. Gaban

    Gaban Registered

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    I do not wonder if gold trading more expensive than currency trading. because gold is a pretty good tool to fight inflation and the price of gold tends to rise when the need / cost of living increases as well. If the value of money can be affected by inflation, the value of gold has always remained. Hence not a few traders are turning to online gold trading.
     
  15. Tanzil Al Banna

    Tanzil Al Banna Registered

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    Gold is not appropriate for multitude type Forex traders, traders need higher qualification for using gold and silver instruments. Although, I get narrowest trading spreads for all kind of trading instruments including gold and silver from TradingBanks broker but till now I am using this two VIP trading instruments into my demo only, to understand their nature.
     
  16. ron.kotka

    ron.kotka Registered

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    1. Gold was once used to back up fiat currencies.

    2.Gold is used to hedge against inflation.

    3.The price of gold affects countries that import and export it.

    4.Gold purchases tend to reduce the value of the currency used to purchase it.

    5.Gold prices are often used to measure the value of a local currency, but there are exceptions.
     
  17. Innate2

    Innate2 Registered

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    Thank you so much for such a detailed answer! I truly appreciate your encouraging knowledge and work,Thank you one more time!
     
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