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Metals trading

Diversify your trading with gold, silver & platinum

 

Benefit from commission-free trading on all precious metals

 
Markets Bid Ask Spread
Prices are indicative only. Live prices are only available for active traders.
  • Gold & Platinum – The smart choice for diversifying your portfolio

  • Create account

How to trade metals

Metals have made their way into the portfolio of traders interested in keeping their trading balanced, because they are seen as inflation-proof. At ThinkMarkets, precious metals are quoted against the US Dollar.

This means that when you trade gold, for example, you speculate on whether the price of an ounce of gold will rise or fall in relation to the US Dollar. Let’s assume that gold is trading at $1,300.60. You think that the price is about to appreciate and buy 100 oz (or 1 lot) of XAU/USD.

The price moves higher to 1,305.80 and you decide to sell. Your profit is the difference between the closing and opening price (5.20) multiplied by the number of oz (100). Well done! You just made $520.

Did you know that 29%

of our traders have also tried trading Bitcoin

Trading metals on Trade Interceptor

With over 550,000 users globally and more than 15,000 five-star reviews, our Trade Interceptor platform has been designed to bring the power of a desktop platform to all your mobile devices.
 

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In-app deposits & withdrawals

The fastest way to manage your funds is through your mobile. Trade Interceptor has now made it possible.
 

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Traders Gym

Test your strategy with a trading simulator that lets you replay, pause and rewind real market price.

 

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Trading metals with ThinkMarkets

 

Here’s why thousands of traders around the world choose to trade metals with us


  • Innovative platforms

    Select the platform that suits your needs between the robust ThinkTrader, the next-generation MetaTrader 5 and the popular MetaTrader 4.

  • Superior mobile trading app

    Downloaded by over 550,000 traders, the ThinkTrader app offers an unparalleled trading experience across desktop, tablet and especially mobile.

  • World class support

    Our multi-lingual support team is here to assist you with all your questions 24 hours a day, 5 days a week via email, telephone and live chat.

Market analysis updates

Mohamed Zidan -

Optimism returns as Tariffs could be delayed

  • The British economy was static in October
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Bethel Loh -

THREE MONDAY TALKING POINTS: Don't Blink Or You Just Might Miss A Catalyst

*Compelling week of catalyst-heavy events amid familiar reigns of uncertaintyRead More

Bethel Loh -

EVENT: Outstanding NFPs Highlight US Resilience

*Pressure cools on Trump to deliver Phase-1
*US Economy flex drives risk-on bets...Read More

Awards

ThinkMarkets is the proud winner of the year in the categories Best Forex Trading Experience & Best Forex Trading Innovation by the UK Forex Awards 2017.


 

What are precious metals?

Precious metals refer to metals with an economic value due to their scarcity and widespread use in industrial processes. The most popular metals are gold, silver and platinum. They are also referred to as noble metals and are less abundant in nature.

Metals that can oxidize when exposed to the atmosphere are called base metals, are found in larger quantities in nature and therefore are cheaper than precious metals. One of the most widely used base metals is copper.


 

Why trade metals?

Precious metals have traditionally attracted the interest of investors due to their intrinsic value. The most popular precious metal that has been used as a store of value during periods of financial instability as well as hedge against inflation is gold.
 

Investing in gold, silver and platinum can be done through the purchase of bars or coins. However, buying physical metals comes with the hassle of finding sellers and buyers as well as securing storage. That’s why trading the price of metals online is the most convenient way to participate in the commonly referred to as safe haven markets.

 

What affects the price of metals?

To make the most out of the volatility of precious metals, it is important to understand what affects the price of the four most popular metals.
 

  1. Gold (XAU/USD)

    Unlike other markets, the price of gold is less affected by the laws of supply and demand, because the amount of hoarded gold exceeds the newly mined supply. For that reason, fluctuations in the price of gold are mainly influenced by trading, or simply put, the desire to hoard gold. Gold tends to be highly sought after during times of financial crisis and political upheaval.

  1. Silver (XAG/USD)

    Silver is the second most popular precious metal, but its price tends to be more volatile than the price of gold due to its widespread use as an industrial metal for electrical appliances, batteries, medical products and much more. While there is still correlation between the price of the two metals, demand and supply have a bigger influence on the price of silver.

  1. Platinum  (XPT/USD)

    Platinum tends to trade higher than gold as it is much rarer. Demand for platinum tends to rise as auto sales increase, because the metal is used for the production of catalysts. It is important to know that platinum is mined mainly in Russia and South Africa, which allows for the possibility of a small number of market participants artificially inflating the price. Given the large number of factors that affect its price, platinum tends to be the most volatile among the precious metals.

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