· Gold quoted against Silver (XAUXAG)
· Gold quoted against Light Sweet Crude Oil (XAUOIL)
· Gold quoted against S&P 500 stock index (XAUSnP)
These instruments are of utmost importance to present to your attention as they offer new and large opportunities for trading and constructing strategies due to its nature of individual assets. This group of instruments offers trustworthy signals to open positions highly balanced against the risks on a regular basis.
In addition, they can be used as market emotion indicators for in-depth analysis of gold market trends during the risk periods, as their performance may be more obvious and definite than traditional instruments are. Traditional XAUUSD does not always provide a clear picture of the market to the analyst due to existing fluctuations of the US currency accompanied by the increasing monetary expansion of the Fed. In contrast, Golden Instruments can be used for a deeper comparative analysis between asset classes.
The quote of each trading instrument reflects the current value of one ounce of gold, the base asset, expressed in the corresponding quoted asset (silver, oil or S&P 500 stock index). When closing a position, the investor may gain or lose a number of quoted assets, for instance several ounces of silver, a couple barrels of oil or a contract for the stock index, which are then changed into the currency of an investor’s balance.
IFC Markets Corp. is an international growing Forex brokerage company which highly appreciates the loyalty of its clients and does her best to provide new services and products in order to meet the requirements and expectations of the latter. For further information about the Golden Instruments, please, visit the official website of IFC Markets: