Start Gold Trading with ISA Bullion: A Quick Guide

In the beginning, Gold was considered sacred. It dates to more than 7,000 years ago, and archaeological excavations suggest that it was among the first precious metals used by human beings. In prehistoric religions, gold was considered a symbol of the sun. As a result, jewelry and religious jewelry were created.

From the time of 700BC, Gold became a significant economic element and was used in the creation of coins. Contrary to other elements in the chemical realm and elements, gold has profoundly shaped the history of humankind: it spurred the development of large cities, provoked conflicts, led to the creation of independent states, and attracted an enormous amount of interest during the famed gold rush.

At present, Gold is still prevalent. Investors and traders trade gold to gain from the fluctuation in its prices. People often use it to hedge against inflation. People, especially those living in India and China, use it to indicate prosperity and wealth. However, the most significant advantage is that you can trade in Gold, which is why people like Warren Buffet have over $550 million worth of actual Gold!

We’re sure that you’re eager to begin trading Gold. This guide will guide you to get to grips with Gold trading through the ISA Bullion app and educate you about Gold trading methods, including Gold options, futures, spot prices, and Gold ETFs. Let’s begin!

What Is Gold Trading?

Trading gold can be done for several reasons, including pure speculation, wanting to own the gold physically, or using it as a hedge against inflation. It’s unnecessary to follow the traditional mantra of ‘buy low, sell high’ when trading gold since you can go long and short on gold prices, taking advantage of both falling and rising markets. 

Mainly, Gold Trading involves speculating on the price of gold markets to make a profit – usually through futures, options, spot prices, shares, and ETFs. With the advent of mobile apps such as ISA Bullion, the Gold & Silver financial markets have become more accessible for everyone through smartphones. 

Real-time gold trading aims to predict the direction in which the market will move, regardless of your position. With ISA Bullion, you get all the tools and information you need to make the right trading decisions; however, the risk does remain since it’s speculation. 

In general, if the market moves in your direction, the more you are likely to profit; in contrast, the more it moves against you, the more losses you incur. Moreover, ISA Bullion only allows for Spot trading. 

Ready to start gold trading with ISA Bullion? Open an account today.

Gold Trading with ISA Bullion

ISA Bullion is a Dubai-based bullion trading mobile app that enables global users to earn daily profits by trading physical bullion in real time. In addition, it allows you to make instant digital Gold & Silver trades on the go, anytime, anywhere, and easily lock your profits. 

Alongside Bullion trading, ISA Bullion also facilitates physical vaulting, insurance services, and more of your actual Gold investments. They also offer two-way pricing, which means you can immediately sell the Gold back to ISA Bullion at a pre-agreed price in case you wish to trade it in an emergency. 

How to Trade Gold Online with ISA Bullion

You can trade gold by following these four steps:

1. Open an account for trading
2. Identify the underlying gold market you would like to trade
3. Place your first trade
4. By using fundamental and technical analysis, you can monitor your trades.

Trading gold involves using derivative products to speculate on the underlying market price rather than buying or selling gold bullion or coins. We offer multiple trading options, such as futures trading and spot prices. See ISA Bullion’s trading strategy if you’re interested in investing in precious physical metals.

Gold Spot Trades

You can trade gold spot prices right now rather than at a specific date in the future. This is because there are no expiration dates on our spot commodity markets based on underlying gold futures contracts. As a result, you won’t need to roll over your positions on expiration when you trade gold markets.

Our spot markets are called ‘Cash’ for CFDs and Daily funded bets for spread bets. Cash bets and DFBs are ideal for short-term trading since they have tight spreads and no expiry dates – so you can keep them open for as long as you like. Keeping the trade open after the market closes will incur an overnight funding fee.

What Moves Gold Prices?

The price of gold is determined by supply and demand, as with all exchange-traded markets. As a result, if the collection of gold becomes saturated and the need for gold does not increase to match the supply, gold’s price will fall. The cost of gold will rise if the demand for gold increases without a corresponding increase in supply.

Gold’s price is affected by several factors, including:

• Uncertainty in the Economic and Political Arenas

When the economy is in turmoil, gold is used as a hedge against inflation as a safe-haven asset. Because of its traditional use as a store of value as well as its stability over time, gold has earned the reputation of a haven. However, on the rise, traders and investors may choose to store their wealth in gold rather than higher-risk assets, causing the price of gold to rise.

• Industrial Uses of Gold

There is a high demand for gold in the jewelry, technology, and investment sectors. However, the market is relatively stable due to the constant and diverse need for gold. For example, even though economic uncertainty may lower demand for jewelry and electronics, investment flows would prevent extreme fluctuations in the gold price.

• New Discoveries: 

As gold is finite, new gold mining ventures will eventually become unprofitable. However, the mining industry still provides 75% of all gold supply. Therefore, any discovery of gold will increase its availability and increment in the short term. In addition to recycling, which comes from jewelry and technology, it is also a significant supply source.

• The US Dollar Value: 

Due to the US dollar’s high value, investors may find gold more or less attractive depending on the greenback price. Therefore, it would benefit someone interested in purchasing gold in a foreign currency if the US dollar fell in value.

• Popularity as a Store of Value

Gold has historically been valued for its emotional, cultural, and financial value. Globally, people of all socioeconomic levels and cultures regarded gold as a symbol of wealth.

While gold’s value is relatively stable, its popularity as a store of value can lead to more significant rises and falls than those experienced by other commodities.

Conclusion

ISA Bullion is the ideal platform to execute real-time gold trades for profits. Anywhere and anytime, ISA Bullion lets you trade the gold with ease directly from your smartphone or desktop, regardless of geography. 

Get started in four easy with the ISA Bullion app today! 

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