Precious metals market
Types of Precious metals market
•local markets
•international markets
•shaddow markets
The main gold trade centers of the world
•1. London;
•2. Zurich;
•3. New York;
•4. Tokyo.
Precious metals are most frequently priced in amounts per ...
troy ounce
Different Ways On Gold Trading
•Trading physical gold
•Trading gold exchange-traded funds (ETFs)
•Trading gold CFDs
What Is the Most Precious Metal?
There are two metrics used to determine what is the most precious metal, those being price and rarity.
The main sector of the precious metals market is ...
the gold market
Today ... is used in jewellery, decoration and – thanks to its conductivity – the smartphones and computers that we all use daily. It’s also the safe-haven asset of choice for many investors during times of market uncertainty.
gold
The troy ounce as a unit of measure has its origins in medieval times, and is slightly larger than ...
an imperial ounce
What are ETFs?
•An exchange-traded fund (ETF) is a type of investment fund and exchange-traded product, i.e. they are traded on stock exchanges.
In which currency is traded typically?
in U.S. dollars
•There are ... for precious metals, particularly gold and silver, in all parts of the world.
local markets
The different types of metals
•Precious metals (gold, silver, platinum, palladium)
•Base metals (copper, lead, nickel, zinc)
Which of them is used as means of measurement for precious metals: karat or carat?
Karat, because it is all about gold and other precious metals carat is all about diamonds and gems
What involves trading physical gold?
It involves buying and selling a touchable form of gold.
What are COMEX and NYMEX?
COMEX and NYMEX are the main ones in the precious international market. COMEX offers futures and options contracts for gold and silver, while NYMEX provides futures and options contracts for platinum and palladium.
The most expensive precious metal is ...
rhodium
What Is the Gold Standard?
The gold standard is a fixed monetary regime under which the government's currency is fixed and may be freely converted into gold.
A troy ounce is equivalent to ... grams
31.1035
They hold the same securities in the same proportions as a certain stock market index or bond market index.
ETFs
What affects the price of precious metals?
•Supply and demand
•Economic uncertainty
•Industrial output
•Strength of the dollar
•Interest rates
•Quantitative easing
The leader of the production of the gold is ...
China
About 50% of the demand oftTrading physical gold is made up of ...
gold jewelry
For six months, 59 ... of products were sold only to the United Arab Emirates for $ 2.6 million in Uzbekistan
kg
This type of trading involves speculating the price of gold spots. You have options to go long or go short the gold price.
Trading gold CFDs
Such transactions are called "Loco London", that is, with
"delivery in London."