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Metal

Metal

Precious metal (gold and silver) is a financial product with multiple attributes, including monetary attributes, financial attributes and commodity attributes. Because of its rarity and non-renewable, convenient circulation, never deteriorate and easy to preserve, it has been the official currency of all countries in the world in history. In recent centuries, gold has been used as a hedge against risk. With the excessive issuance of sovereign paper money, gold is still an important material wealth and an important means for human beings to store wealth in the volatile market environment. Moreover, it is globally recognized as the best tool to resist inflation. It is an important reserve for central banks of various countries and one of the important financial reserves for financial institutions and individuals. In times of financial and political turmoil, gold and silver are a safe haven for investors. in ACDFX platform, you can easily participate in the global spot gold and silver trading through the account, you can do not need to hold the physical delivery, through the way to pay a certain margin in advance to buy or sell at any time in the form of US dollar relative quotation, easy to earn the price difference.
Product Code Margin calculation Transaction time (Beijing time)
Gold / USD XAUUSD Hands * contract volume * market price / account leverage * prepayment percentage 6: 00 to 5:00 next day (summer time) or 7:00 to 6:00 next day (winter time)
Silver / USD XAGUSD Hands * contract volume * market price / account leverage * prepayment percentage 6: 00 to 5:00 next day (summer time) or 7:00 to 6:00 next day (winter time))


Note: trading time in winter is 1 hour later than that in summer