What is Metal Trading?
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Precious metals like gold and silver are rare elements with high economic value. These metals are often considered safe-haven assets, especially during times of economic uncertainty, making their prices reflective of overall economic health.
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With a MultiLP live account, you can trade precious metals through Contracts for Difference (CFDs). This allows you to take advantage of price movements without needing to own the physical metals. Whether prices rise or fall, you can go long or short, capturing opportunities in both directions.
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Metal trading is available throughout the day, allowing flexibility for traders. Popular instruments include XAUUSD (gold), XAGUSD (silver), and XPDUSD (Palladium).
