INGOT Brokers Australia | Trade Metals

Trade Metals

Gold

Gold is primarily seen as a hedge against inflation or poor stock market performance. The highly sought after precious metal which, forms the basis for a monetary standard used by the International Monetary Fund (IMF) and its currency code is XAU.

Trade Gold Now

Silver

Silver played a significant role in affecting currencies and has consistently moved in tandem with gold prices. Silver is known as a precious metal that is considered as an important investment metal with a currency code of XAG.

Trade Silver Now

Copper

The New York Mercantile Exchange (NYMEX), where copper contracts are traded, states that copper is the third most widely used metal in the world. copper commodity price is so closely tied to the state of the economy, global economic recovery can be a clear signal that demand for copper is due to increase.

Trade Copper Now

Contract specifications (Future metals)

Instruments Spread Order level Minimum fluctuation Margin Contract Size Execution Trading months Trading hours
Gold Floating 100 0.05 1500 100 oz Market Feb., Apr., Jul., Aug., Oct., Dec. Sun. - Fri. 23:00 - 22:00
Silver Floating 10 0.01 2500 5000 oz Market Mar., May., Jul., Sep., Dec. Sun. - Fri. 23:00 - 22:00
Copper Floating 10 0.00050 1000 25000 pounds Market Mar., May., Jul., Sep., Dec. Sun. - Fri. 23:00 - 22:00

Note: Trading hours are based on GMT Time (+1 hour for daylight saving).

Contract specifications (Spot Metals)

Instruments Spread Order level Minimum fluctuation Margin Contract Size Execution Trading hours
Gold 50 200 0.05 1500 100 oz Market Sun. - Fri. 23:00 - 22:00
Silver 5 15 0.01 2500 5000 oz Market Sun. - Fri. 23:00 - 22:00
XAUEUR 50 200 0.05 1500 100 oz Market Sun. - Fri. 23:00 - 22:00
XAGEUR 5 15 0.01 2500 5000 oz Market Sun. - Fri. 23:00 - 22:00

Note: Trading hours are based on GMT Time (+1 hour for daylight saving).