Thursday, June 14, 2012

Start online gold trading in Dubai


Have you got any idea on how to trade gold when the word gold trading comes into your mind? I’m sure many investors who are reading this post right now may think, “Buy low and sell high!”. Well that’s very true in stocks market but does it also applies to the precious metal market? It depends. It depends on how is the economy doing and what is the supply and demand like.
One of the reasons why gold price is moving is because it’s greatly affected by demand and supply. Gold is somehow different from other commodities because most of the gold which were mined can still appear if the price was appealing. Because of that, there are much more demand than the supply produced. The demand for gold goes up when inflation occurs. When that happens, the value of money dropped and gold is the only asset that kept it’s intrinsic value since history. Investors will then purchase gold when the economic condition is uncertain or inflation takes place, and they’ll sell gold when they think the price is good enough and when inflation becomes lesser.

Online Gold trading - Dubai Gold trading


online gold trading is better than buying gold coins
Learning how to trade gold with online gold trading is getting more popular and this is primarily because gold is least affected by inflation during an economical downturn. This is especially so in the present conditions of economical worries around the world, particular the crisis in Europe and stagnation in the U.S. However, exactly what kind of gold you trade or make investments in and how you actually do it is essential if you really want to make consistent profits. I will provide some gold trading tips for you right here.

To start with, buying gold coins is an example of a good investment while buying jewelry may not. By buying gold coins, you are investing for the long term. Some of these coins such as the American Eagle gold coins have intrinsic value as they are made of pure gold. Buying gold coins can be challenging, thus choose the right agency to purchase them from. Additionally, pay attention to the latest gold prices and try to buy when there is a correction in the gold price. Just like any investment, the time-tested investment rule of buy low sell high still is applicable when buying gold coins.
As an alternative, you can contemplate to trade gold online instead of buying gold coins. However, before you do this, it is essential that you must find out how to trade gold the correct way by understanding what factors affect it’s price action. To understand how to trade gold, you need to be well informed of the characteristics of gold. You should also realize the risks involved and take the required steps to diversify your investments.
The following step is to decide what instrument to trade gold. You can do so via spot and online gold trading. Between the two, online gold trading is chosen. The benefit is that you will never ever come in contact with the gold, therefore you will not have to be concerned about its security or safety. You are also in a position to use the leverage available by your online broker when you do online gold trading. This makes it possible for you to buy much more gold with less bucks.
You can expect to make higher returns from using a lower capital. You can trade gold online by buying and selling Exchange Traded Funds (ETF) such as SPDR Gold Trust (GLD). The advantage of trading ETF is you can trade for or trade against gold. This suggests that if you are generally bullish on gold, you can buy the GLD and vice versa. In fact, GLD is now one of the most widely traded and popular ETFs nowadays.
Online gold trading has its pitfalls, just like stock trading. So do your own research first before you put your real money. Learn to do technical analysis of the gold charts to pinpoint the direction of the major trend in gold price – is it likely to continue going up or down. Before you enter a trade, understand your stop loss level which is the price you will get out of the market. A good opportunity to buying gold is whenever the reward to risk ratio is at the very least 2. Watch the trends in the market and trade with the major trends, not in opposition to it. Only by trending with the major trend are you capable of making money consistently in your online gold trading.

Wednesday, June 13, 2012

Dubai Gold trading-choosing Right broker

Choosing Right Broker for Gold Trading - Dubai Gold Trading
I am here in Dubai for last 4 years . Gold trading in Dubai is a bit about the market knowledge and one should know the basic criteria to figure out best forex broker. Gold trading has gained in popularity due to the more recent economic downturns faced by the global economy. Investors see gold as a product that can be used to hedge against inflation. As investors are discovering the potentials of gold trading, a lot of them have considered adding this to their investment portfolios. Several investment advisers actually recommend gold trading as new ways to diversify portfolios.

There are a number of benefits of trading gold. Because gold is less likely to be affected by inflation, it serves as a safety cushion for traders who are actively involved in currency trading or trading in any other commodities. Purchasing gold within the type of coins or bars could lead to storage troubles or higher storage space expenses. An investor can improve his return from gold by choosing the right investment strategy that minimizes the expenses.
Most Forex brokers today offer gold trading accounts in addition to currency accounts. In fact, several brokers allow for trading of multiple investment products – including gold.

The following are the things that a trader should look for when Choosing right broker for Gold trading-Dubai

Reputation

Reputation is an important aspect of any business. A considerable amount of money is involved in the field of trading and investment so it’s crucial for you to do research before choosing a Forex broker to deal with. There are a lot of “fly by night” operations around the Internet so take extra caution. The rule of thumbs is to stick with the more established Forex trading brokers that have a good track record.

Regulation

Legitimate brokers/online traders operate under the supervision of regulatory boards. Regulatory boards are a body of authorities that ensure just and decent trading practices. They have industry rules and regulations that Forex brokers needs to adhere to. They also intervene in trader-broker disputes. It is highly advisable to choose a broker that conducts business in a country where it is monitored by a regulator body.e.g For Dubai gold trading .

Minimum Trading Account Size

These days, broker leverages are getting higher and higher to cater individual investors who have limited funds. The use of leverage means that you can increase your buying power with a smaller initial risk of capital. Know how much you are looking to make and how much you are willing to risk. Depending on the size of your capital, you can choose among Standard Account, Mini Account and Micro Account that are offered by most brokers today.Dubai gold price is also very important to check before you jump into trading.

Technical support

Trading gold in the market makes it possible for traders all over the world to trade anytime of the day. And while you may not be trading at 3am, you never know when you will run into some issues concerning your trades. So dealing with a broker that offers 24 hour customer support service would be ideal.

Additional Value Added Services

If you are like most serious traders, then you certainly want additional services such as education articles, e-books, webinars, market analysis updates and other tools which you can use to supercharge your knowledge. Many Dubai Forex brokers offer these and the tools they provide can come in handy if you are the type of trader who trades fundamentals.

Gold trading in Dubai trends

Dubai Gold Market Trends - Dubai Gold Trading

Should Investors Start Considering Gold?

I am doing gold trading in Dubai from last two years and there are various factors and indicators that you should look all times while doing Gold trade. I feel to have a bit successful to trade gold as its made a lot of profit for me. It is actually a favorite among investors in the Middle East and all over the world whether they have only a few hundred of bucks or several thousands to invest. Most financial advisers recommend including gold to investor’s trading portfolios. Buying gold is a good hedge against economic and political downturns which can affect the foreign exchange currencies.

Gold also tends to appreciate in value as the dollar value declines. Just like in Forex trading, the gold trading market is made up of speculators and these can have high peaks or low valleys, therefore having its share of risks when being traded.

Gold Trading in Dubai, UAE

Trust Securities DMCC, an investing broker member of Dubai Gold and Commodities Exchange (DGCX) has announced that the first demand for gold trading in Dubai United Arab Emirates – the second biggest economy in the Middle East – is thriving and off to a good start for 2012.

Trading in gold futures on the Dubai Gold and Commodities Exchange (DGCX) climbed to 355.7% between January to December 2011, while the whole futures volume for the exchange was up 95% for month over the prior January.
The positive media reports during the first half of the year 2011 helped DGCX to attract investors into the gold market as it rose as much as 25% in only two months before reaching its highest point. There are a number of global trends that support the gold’s long term rising movement. One of these is the weakening of the dollar in the markets as it takes fewer dollars for foreign buyers to get their hands on gold. In early January, the dollar plummeted while gold found a bottom shortly before. Since then, the trends of these two moved in opposite directions concurrently.

As more and more investors are entering the gold market, the Dubai Multi Commodities Centre (DMCC), plans to offer spot gold trading in addition to the gold futures that they are offering. They are also considering shifting its gold exchange traded funds from the Nasdaq Dubai to the DGCX where volumes are expected to increase. To get more about Gold trading, there are several Dubai forex brokers, you can get in touch with.

Wednesday, March 21, 2012

Gold trading history

Gold trading history - Dubai Gold Trading


All over the history, gold has been highly valued  in Middle East and all over the world for jewelry, coinage and arts. Gold has been long considered a unique store of significance and symbol of power, wealth and class. Since April 2001, it has doubled more than four times its value.

The price of gold has been rising over the years, making this precious stone more and more appealing to investors. A number of investment brokers have included gold in their list of investment products. There are also companies that make buying and storing gold easy and affordable to a wider demographic. Beginner and experienced investors alike can find quick profits through selling, buying and trading gold at any time.

Many investors buy gold as a hedge against economic downturns, political crisis and other situations that can depreciate the fiat money and other forms of investments. Even financial experts recommend investors to include 10% to 25% of precious metals in their portfolios. Dubai Gold trading provides a reliable safety cushion against the effect of inflation. Unlike currencies and other investment products, gold is more reliable and considered to be less affected by inflation.

Methods for Dubai Gold Trading

There are different ways to do Dubai gold trading. Traditionally, this is done by buying and selling the physical metal after a substantial price gain which means having to wait for a certain period before buying or selling it. This system was distinguished by high levels of price speculations. Nevertheless, the recent development in gold trading - thanks to the advent of the Internet - has resulted in a more effective trading method which no longer requires the traders to possess the physical gold. This method is possible by getting an account with an investment broker. These brokers connect traders to the gold markets via a special kind of platform which come either as a web based program or desktop software.

The rising of gold prices can significantly affect currency prices. Higher prices of gold can be considerably imperative to the currencies of major gold producing countries such as Canada, South Africa and Australia. When trading with gold, it is highly advisable to keep an eye on economic and political situations as these can affect the prices of gold.

The Advantage of Dubai Gold Trading

Perhaps the major advantage of trading with gold is its high liquidity. Regardless of whether a trader is dealing with the physical gold or not, he or she has the opportunity to take advantage of its high level of liquidity. Although the gold’s level of liquidity is considerably lower compared to currency trading, it certainly has a large following of traders because of its huge potential. Any trader who wants to build up his investment experiences should consider adding gold to his portfolio.

Checklist before starting Gold trading

Checklist before starting Gold trading - Dubai Gold Trading
Over the past ten years, there had been a remarkable increase in interest in gold as a form of investment and safekeeping. The value of gold is one of the most widely debated topics in the commodity market. A lot of investors are just beginning to discover the ability to trade gold within the Forex market. Prior to the 1990’s, the Forex market was mainly an exclusive investment medium that was accessible only to the large banks and financial institutions. Today however, the ability to trade gold against other currencies and mainly the US dollars is now possible for individual investors. Thanks to the advancements of the Internet.
Before you trade or invest in gold, there are a few rules that you should put into consideration concerning the value of gold. Here are some points you should take into account before choosing right broker for Dubai Gold trading:

Analyze the Trend

Studying the trend is one of the most efficient ways to understand the latest news in the industry. When trading in the Forex market, you need to be updated with the latest information as these can be used to forecast the future market conditions such as the movement of Dubai gold prices as well as the world market. Although it sounds easy, a trader still needs to consider various sub factors such as political activities in different countries as well as the trader’s own. These factors will greatly influence trading in a global scale.

Manage Risks

Just like any other investment product, there is a lot of money involved in gold trading so it is therefore always important to play it safe. Know how much you want to make and how much risks you can tolerate. You can do an intensive research on the market and develop a systematic plan rather than act carelessly. There are ways to assure yourself that your investment reaps great rewards for you.

Diversify Your Investment Portfolio

Any trader who wants to expand his investment experiences should diversify his or her portfolio. This is another way to manage risks since it allows traders to provide stability by allocating their investments into multiple forms. Diversifying portfolios prevent investments from losing all at once. So in an unfortunate circumstance wherein the gold market took a major downturn, a trader still has something stored to recover from his losses.

Improve Your Investor Knowledge

Investing and trading is a lifelong learning process. Because of this, it’s crucial for investors to be passionate on their trade. The best way to come up with excellent trading strategies is to learn from investment experts and professionals on trading precious metals. As long as you implement the right strategies, you can get benefit from gold trading the same as any proficient trader or investor.

You should also have thorough knowledge about Forex in Dubai