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Definition and Function
Commodities trading involves buying and selling raw materials like oil, gold, agricultural products, and more. It can be done through physical transactions or financial contracts called derivatives.
| SYMBOL | DESCRIPTION | TYPICAL SPREADS IN QUOTE CURRENCY PER UNIT | LEVERAGE | CONTRACT SIZE (1 LOT) | TRADING HOURS |
|---|---|---|---|---|---|
| XAUUSD | Gold Spot United States Dollar | 0.3 | 1:200 | 100 ounces | Monday - Friday (01:00 - 24:00) |
| XAGUSD | Silver Spot United States Dollar | 0.04 | 1:200 | 5000 ounces | Monday - Friday (01:00 - 24:00) |
| XPDUSD | Palladium Spot United States Dollar | 1.05 | 1:200 | 100 Troy Oz | Monday - Friday (01:00 - 24:00) |
| XPTUSD | Platinum Spot United States Dollar | 116 | 1:200 | 50 Troy Oz | Monday - Friday (01:00 - 24:00) |
| SYMBOL | DESCRIPTION | TYPICAL SPREADS IN QUOTE CURRENCY PER UNIT | LEVERAGE | CONTRACT SIZE (1 LOT) | TRADING HOURS |
|---|---|---|---|---|---|
| XAUUSD | Gold Spot United States Dollar | 0.3 | 1:200 | 100 ounces | Monday - Friday (01:00 - 24:00) |
| XAGUSD | Silver Spot United States Dollar | 0.04 | 1:200 | 5000 ounces | Monday - Friday (01:00 - 24:00) |
| XPDUSD | Palladium Spot United States Dollar | 1.05 | 1:200 | 100 Troy Oz | Monday - Friday (01:00 - 24:00) |
| XPTUSD | Platinum Spot United States Dollar | 116 | 1:200 | 50 Troy Oz | Monday - Friday (01:00 - 24:00) |
Commodities trading involves buying and selling raw materials like oil, gold, agricultural products, and more. It can be done through physical transactions or financial contracts called derivatives.
Prices of commodities are influenced by factors such as supply and demand, geopolitical events, and economic trends, leading to high volatility.
Commodities trading serves various purposes, including hedging against price fluctuations for businesses and speculation by traders and investors seeking to profit from price changes.
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