Precious metals such as Gold rank high among the top commodities for trading. Classified as hard commodities, they are obtained from the earth or extracted from natural resources. Trading metals through Contracts for Difference (CFDs) offers a distinctive opportunity with numerous benefits.

When trading precious metals through Contracts for Difference (CFDs), you don’t need to own the underlying asset, which reduces investment costs. There’s no need for storage, and traders can profit from both rising and falling prices. The prices are aligned with those on the London Metal Exchange (LME), the world’s largest market for base metals and other metals ETFs.

By conducting thorough analysis, CFD traders aim to predict the direction of metal prices and profit from price movements over both short and long-term periods. The metals market operates 24 hours a day, five days a week.