| Gold and Silver are traded in exactly the same way as a pure currency pair. Their main counter currency is the US Dollar but they can be bought or sold against any other currency offered by TADAWUL FX. | ||||||||||||
| Gold and Silver trading quotations are always relative to the price of 1 ounce (Oz.) and are expressed in the counter currency. The smallest possible market movement is 1 cent, or 0.01. | ||||||||||||
| Trading hours are 24 hours a day, five days a week, but liquidity varies strongly between the different time zones. Trading conditions are best from 9am CET onwards when markets in London open up, until 9pm CET when traders in New York close the exchanges. Outside of this time-frame, execution remains possible, but spreads may widen and trade size can be limited. | ||||||||||||
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| FOREX GOLD & SILVER SPREADS |
| XAU/USD | 0.80 | XAG/USD | 0.05 |
| XAU/GBP | 0.8 | XAG/GBP | 0.04 |
| XAU/EUR | 1.00 | XAG/EUR | 0.05 |
| XAU/CHF | 1.50 | XAG/CHF | 0.07 |
| XAU/SAR | 4.00 | XAG/SAR | 0.20 |
| XAU/JPY | 150 | XAG/JPY | 7.00 |
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