Why Should You Trade Gold?

Gold has been long valued by societies all over the world for its lustre and malleability. Discover the 4 reasons why you should trade gold.

• Question 01

  What is one reason why gold trading is widely considered a safe and secure type of transaction?

  Your Answer

  • A.Gold prices are highly volatile

  • B.Gold trading requires complex pricing mechanisms

  • C.Gold value tends to remain stable or increase during market turbulence

  • D.Gold markets are influenced by numerous unpredictable factors

• Question 01

  Why do many traders include gold trading in their investment portfolios?

  Your Answer

  • A.Gold has a high correlation with other assets

  • B.Gold reacts similarly to market stimuli as other assets

  • C.Gold offers a natural hedge during volatile times

  • D.Gold is influenced mainly by company fundamentals

• Question 01

  What characteristic of gold makes it a timeless asset for portfolio diversification?

  Your Answer

  • A.Its high correlation with other assets

  • B.Its low volatility during market turbulence

  • C.Its tendency to maintain or increase in value over time

  • D.Its complex pricing mechanisms

• Question 01

  Which factor influences gold demand and value in the market?

  Your Answer

  • A.Global population growth

  • B.Fluctuations in oil prices

  • C.Interest rates and the US dollar currency

  • D.Technological advancements

• Question 01

  What is a significant advantage of gold trading over other financial transactions?

  Your Answer

  • A.Higher correlation with other assets

  • B.Lower market volatility

  • C.Lower storage inconvenience

  • D.Higher liquidity

• Question 01

  What advantage does trading gold online offer over physically owning gold accessories or bars?

  Your Answer

  • A.Lower trading costs

  • B.Real-time quotes

  • C.Higher storage convenience

  • D.Reduced market volatility

• Question 01

  What role do exchange-traded funds and contracts for differences play in gold trading?

  Your Answer

  • A.They increase market volatility

  • B.They reduce trading costs

  • C.They provide exposure to gold prices without physical ownership

  • D.They offer guaranteed returns on investment