Gold is highly sensitive to geopolitical and economic events, which means traders can profit from the wild fluctuations in its price.
Ranked #1 fastest in execution speed for gold trading broker by 55brokers.com
Gold is deeply entwined with the financial markets, and plays a pivotal role in shaping the financial well being of nations and individuals. It is considered a trusted store of value, a hedge against inflation, and a refuge during economic uncertainty.
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The modern gold market, continues to facilitate the global exchange of this precious metal, reflecting its timeless importance in our ever-evolving financial landscape.
Traders should have an understanding of the multiple factors that influence the price of gold.
Supply and Demand
When gold demand exceeds supply, the price of gold can rise, while reduced demand or increased supply can lower the price of gold.
The U.S. Dollar
As gold is denominated in U.S. dollars, its price is generally inversely related to the value of the greenback.
Government Bonds
Central Bank Policy
Central banks impact gold prices through their interest rates decisions, which affect supply and demand dynamics in the market.
Inflation and GDP
Gold can be impacted by data that indicate economic health, including Inflation, Gross Domestic Product (GDP), and labour reports.
Industrial Demand
The price of gold can rise and fall depending on its demand in industrial applications, such as jewelry and electronics.
Compare Accounts | ECN Standard Perfect for traders who are just beginning | ECN Prime Perfect for traders with experienceMost Popular | ECN Institutional Perfect for high‑volume traders |
---|---|---|---|
Spreads (pips) | From 0.8 | From 0.1 | From 0.0 |
Commission | No commission | US$6.00 per lot | US$4.00 per lot |
Minimum Deposit | US$0 | US$2,000 | US$20,000 |
Equinix Server | NY4/LD5 | NY4/LD5 | Custom Options |
Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 |
Swap Free | Available | Available | Not Available |
Compare Accounts | Standard Perfect for traders who are just beginning | Raw Perfect for traders with experience | Pro Perfect for high‑volume traders |
---|---|---|---|
Spreads (pips) | From 1.5 | From 0.0 | From 0.6 |
Commission | No commission | US$6.00 per lot | No commission |
Minimum Deposit | US$50 | US$100 | US$500 |
Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 |
Margin Call Level | 50% | 50% | 50% |
Stop Out Level | 20% | 20% | 20% |
Swap Free | Yes | Yes | Yes |
Local INR Payments | Yes | Yes | Yes |
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In a recent study conducted by CompareForexBrokers.com, BlackBull Markets ranked #1 fastest broker, outpacing 20 competing brokers.
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Our cutting-edge Equinix servers, located in New York (NY4), London (LD5), and Tokyo (TY3), provide near-instant market access and set the standard for forex and CFD trading.
BlackBull Markets remains fully committed to operate at the highest level of compliance.
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At BlackBull Markets, the Compliance Team are responsible for ensuring that the company operates in accordance with all relevant laws and regulations. They assess risk, implement controls, and help maintain a strong compliance culture within the organisation.
Spreads from 0.0
Enjoy ultra-tight spreads from 0.0 pips for precision trading.
$0 Minimum Deposit
Start with a $0 minimum deposit and enter the world of trading.
1:500 Leverage
Amplify your potential with leverage up to 1:500.
24/7 Client support
Round-the-clock assistance whenever you need.
26,000+ Instruments
Access 80+ markets and 26,000+ tradable instruments.
< 100ms Execution
Experience unrivaled execution speeds with every trade.
Research by 55brokers.com revealed that BlackBull Markets achieved an average execution speeds of 21 ms when trading gold. With lightening fast execution speed, traders can reduce the risk slippage and execute orders at the prices they require.
The TraderKeys keyboard can take your gold trading to the next level, with preprogrammed hot keys enabling you easily execute and modify trades.
Gold is highly sensitive to geopolitical and economic events, which means traders can profit from the wild fluctuations in its price.
At BlackBull Markets, you can start trading gold micro-lots from as little as $5.00.
Yes, we offer leverage up to 1:500 on gold, which means that you can control large position sizes with small initial investments.
You can trade gold on MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradngView, cTrader, and via the BlackBull CopyTrader platform.