Simply said, a future is a trading strategy in that a commodity is offered for trade, with the price established today but a payment scheduled for tomorrow; in other words, the agreement is made, but the gold will only be delivered tomorrow.
An agreement to purchase gold at the mutually agreed-upon date in exchange for an initial payment and the whole payments to be made in accordance with an agreement is known as a gold future. This transaction involves some risk and is based on guesswork.
How To Trade Gold
Open a CMC Markets account. Choose between a live account to get started right away and our demo account to practice with fictitious money.
Add money to your account. You just need to deposit a small portion of the total amount of the trade because spread betting & CFDs are leveraged products. The value of your position as a whole will determine your gains and losses.
Find out when to deal in gold. The price & volatility of the market place can be impacted by certain political & economic developments. Accordingly, investing in gold carries a risk that could result in significant gains or losses. To stay informed of any change to the gold market which might have an impact on your trade, check out our news & analysis area.
