What commodities should i choose to trade

Read: 36606 2020-12-01 18:15:04

If you wish to trade commodities, gold and crude oil will probably be your first choices to start.

Gold is an important hedging tool in the market. When the world encounters political instability or economic downturns, people will worry about currency depreciation, and gold will often become one of the options against currency depreciation.


When an international emergency breaks out, the price of gold will experience large fluctuations. Unlike currency pairs, the price of gold is affected not only by the countries involved, but also by global factors. Therefore, gold provides investors with more investment opportunities.


With regards to crude oil, investors would easily understand the reasons for fluctuations in its supply and demand by reading international news. Like gold, oil prices are affected by global factors, which provides more opportunities for you to trade.


6 Reasons To Open An Account

Multi-language 24/7 professional support

Fast, convenient fund and withdrawals

Free demo account $10,000

International recognition

Real-time quotes with push notification

Professional market analysis broadcast

6 Reasons To Open An Account

Multi-language 24/7 professional support

Fast, convenient fund and withdrawals

Free demo account $10,000

International recognition

Real-time quotes with push notification

Professional market analysis broadcast