English
Synopsis
Gold is the precious metal and commodity that attracts the most attention. It has the functions of a store of value and a safe-haven. Before the abolition of the gold standard, gold had been the basis of the capitalist economy for hundreds of years. After World War II, the U.S established the "Bretton Woods system" , that is, the U.S. dollar is pegged to gold, and the currencies of various countries are pegged to the U.S. dollar, and the U.S. dollar has become the "World Currency", known as the "U.S Dollar". In the 1970s, the U.S was mired in the Vietnam War and fiscal deficits. The depreciation of the dollar prompted European countries to give up their pegging to the dollar, and the price of gold began to float freely, thus giving birth to spot gold. In 2001, the "911" incident in the U.S made gold's safe-haven function recognized by the world, and at the same time became an effective asset against inflation, thus starting a ten-year bull market for gold. The fluctuation of gold price
Trading Terms
- Contract Size 100
- Swap Long(Daily) % -0.01811%
- Leverage 100X
- Swap Short (Daily)% -0.01867%
- Minimum Lot Size 0.01
- Spreads 0.35
- Maximum Lot Size 20.00
- Triple Swap Wednesday
- Maximum Position 100.00
- Trading Session
Real-time Trading Strategies
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