Full trading conditions >>
|Product Type: Precious Metal CFD||Subtype: Metal|
|Currency: Turkish Lira (TRY)|
|Trading Hours: According to market||Measurement Unit: Gram|
Gold is a very well-known soft metal that's listed worldwide on many exchanges – valued in terms of the Turkish lira (TRY)
. For hundreds of years, gold has been thought of as a primary medium for exchange and it remains a significant world currency. Another positive attribute is the metal’s high market liquidity
, which permits traders to buy and sell contracts each quickly.The method of determining the price of gold involves estimation of gold extraction, production and existing billions across the world, at the same time considering the effects of economic and political events, general speculations and market behavior, likewise the price of alternative currencies and commodities. Gold’s spot prices are calculated and known every few seconds throughout market hours.