The price of gold and silver is controlled by the powers of demand and supply; investors choose to buy these precious metals for a number of reasons and most of all in order to diversify their assets and to rush to quality in the time of economic recession and other financial crisis. Precious metals have endured the ability to sustain their worth over time when a national currency might be losing its value. Gold is generally viewed to be a commodity that objectively reflects overall market changes and the stability of the financial world.
IMF, Central banks, and other governmental organizations have a significant role in influencing the price of gold as they hold about 19% of the world’s gold reserves. Fund managers, whole sale dealers, private investors and speculators constitute to the rest of the market players.
Trading in spot metals has become in high demand recently due to various factors such as market volatility which is caused by real time news and events, both financial and economic factors which are still the strongest influences affecting commodity trading.
Spot gold (XAU) and spot silver (XAG) are tradable commodities offered by Ocean Markets Limited on all our platforms. As with Forex trading, investors take short or long positions of the metals’ prices. Kindly note that spot trading is accessible 23 hours.
Alphix FX Market offers CFDs on spot metals in USD only.
Alphix FX Market , Incorporated by the Saint Lucia under registration number 2024-00753 with a registered office at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet Saint Lucia.
Risk Advisory: Engaging in Forex and CFD trading involves inherent risks that may result in the loss of your invested capital. We strongly advise trading only with funds you can afford to lose. It’s crucial to fully comprehend the risks associated with Forex and CFD trading, and we recommend seeking independent financial advice if necessary. Kindly review and ensure you understand our comprehensive RISK DISCLOSURE Statement.
Restricted Countries: Alphix FX Market does not provide services for residents of certain countries such as the United States of America, Canada, Israel, New Zealand, Indian Jurisdictions, UAE, Iran and North Korea (Democratic People’s Republic of Korea) or a country where such distribution or use would be contrary to local law or regulation.
Disclaimer: Alphix FX Market operates solely as an execution service and does not offer advisory services. Occasionally, Alphix FX Market may release general market insights; however, such communications should not be interpreted as advice, an invitation, or an endorsement for any financial instrument. Alphix FX Market bears no liability for the application of this content or any outcomes thereof. The completeness of this information is not guaranteed, and reliance upon it is at the sole discretion and risk of the user.
We encourage users to review our legal documents for further information and clarity on our operations.
Alphix FX Market acknowledges the critical importance of LEGAL DISCLAIMER. Accordingly, we abstain from directing our website and services towards individuals in regions where their use may contravene local laws or regulations. Users are solely responsible for ensuring compliance with applicable laws and regulations when accessing our website and services from their respective jurisdictions. Alphix FX Market makes no warranty regarding the suitability of the information provided on our website for all jurisdictions.
