Forex Metals

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.

See Also

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