Gold and silver are two of the most popular and heavily traded commodities for investments across the globe. They offer ample trading opportunities with high liquidity. DTTW™ provides access to spot gold and silver trading.
Pairs
Two precious metal pairs:
- XAU/USD (spot gold)
- XAG/USD (spot silver)
Both pairs trade in a method similar to currency pairs, and are quoted in terms of USD per ounce (oz.). For example, if XAU/USD is quoting at 1168.12, that means 1 oz. of gold will cost 1168.12 USD.
Order Types
- Limit Buy/Sell→ShortSell
- Market Buy/Sell→ShortSell
- Pegged Buy/Sell→ShortSell
Basic Market Rules
- Lot Size: min. 10 ounces.
- Tick Size: varies, as follows:
- XAU/USD: 0.01 ticks
- XAG/USD: 0.001 ticks
- Short Sale Rules: short selling is allowed, and no mark or locates are required for shorting.