Metals
Enjoy swift order execution and narrow spreads when trading Metals CFDs.
*Not all currency pairs are represented here. You can find the entire list on our trading platform
Experience Metals Trading on Our Platform
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Intuitive User Interface
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Sophisticated Chart Tools
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Comprehensive Risk Mitigation Features
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Multi-Window View
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Variety of Order Options
DISCOVER CRYPTO TRADING INSIGHTS
Delve into our valuable educational materials and advanced trading instruments
What is
The precious metals market encompasses various forms of trading, including physical trading, futures, and derivatives. Among these, the Contracts for Difference (CFDs) market is the most popular choice for retail traders. This market allows traders to buy or sell precious metals without the need for physical ownership, enabling them to profit from price movements.
At IC Markets, we provide access to the precious metals CFD market, which includes renowned metals such as gold, silver, platinum, and palladium. These metals hold a global reputation as stores of value and have been utilized in trade and investment for centuries.
Similar to the FX market, trading in the precious metals CFD market occurs over-the-counter (OTC), meaning there is no standardized price. Major international banks and financial institutions dominate this market, offering quotes based on prevailing market conditions.
The prices of precious metals are influenced by various factors, including economic data releases, geopolitical events, and supply and demand dynamics. These factors can lead to daily fluctuations in the prices of precious metals.
In precious metals trading, prices are quoted either per troy ounce or per gram, depending on the specific metal. For instance, the price of gold is quoted as X dollars per troy ounce, while silver is quoted as X dollars per gram.
Traders have the flexibility to go long if they anticipate the price of a metal will rise or go short if they believe the price will fall. The profit or loss incurred in a trade is determined by the price difference between the opening and closing positions.
Similar to FX trading, precious metals trading is typically measured in Pips or Points, representing the smallest price movement in the value of the metal. The pip or point value varies depending on the trade size and the specific metal being traded..
At IC Markets, we provide competitive spreads and swift execution in precious metals CFD trading. We offer educational resources to assist clients in gaining familiarity with the market and trading strategies. Whether you are new to precious metals trading or an experienced trader, IC Markets offers a dependable platform for your trading needs.
EXPERIENCE THE FREEDOM OF TRADING
Expand your investment horizons with CFDs that cover a wide range of assets, extending far beyond the confines of Metals alone