Unlock the Potential of Gold with Gold Futures

Unlock the Potential of Gold with Gold Futures

Gold prices reached a new record high on 20 May 2024, driven by persistent inflation and ongoing geopolitical tensions. These economic uncertainties have led investors to seek the safety and stability that gold traditionally offers during volatile times.

When interest rates fall, gold prices tend to rise as it becomes more appealing to investors compared to interest-bearing investments like bonds. Additionally, investors perceive gold as a hedge against inflation. As prices rise across the economy, investors may increase their holdings of gold and other precious metals to safeguard the purchasing power of their currency.

Interested in diversifying your investment portfolio with gold? With the leverage feature offered by Bursa Malaysia Gold Futures (FGLD), traders can control a significantly larger amount of gold value using only a relatively small amount of capital known as the Initial Margin.

FGLD is a cash-settled contract that is quoted in US Dollar and settled in Ringgit based on a fixed multiplier of 40 from which the final settlement value, as well as profit and loss, are derived. This unique feature minimises traders' exposure to currency risk resulting from fluctuations between the US Dollar and Ringgit exchange rates.

FGLD can also be an alternative to physical gold, as it allows for short-selling and the opportunity to profit from both bullish and bearish market outlooks in the gold market. Overall, FGLD offers diversification benefits and can be used for short-term trading or long-term hedging. 

Grab the golden opportunity to start trading FGLD today! Discover the benefits of FGLD:  https://bit.ly/fgld_info

Details
Published Date
20 Jun 2024
Proficiency Level
All
Source
Bursa Malaysia
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