Gold and silver contracts

Precious metal

Precious metal Precious metal (gold and silver) is a financial product with multiple attributes, with currency attributes, financial attributes, and commodity attributes. Because of its rarity and non-renewability, it is easy to circulate, and it is always easy to preserve. It has historically been the official currency of all countries in the world. Gold has been used to prevent risks in recent centuries. With the oversupply of sovereign banknotes, gold is still an important material asset in the highly volatile market environment and an important means for humans to store wealth. It is also recognized as the best tool to resist inflation, an important reserve for central banks, and one of the important financial reserves of financial institutions and individuals. In the period of financial and political turmoil, gold and silver are the best choice for investors to avoid risks. On the CHIFLEY platform, you can easily participate in the global spot gold and silver transactions through the account, you can do it without the physical delivery, and use the pre-payment of a certain margin in the form of a US dollar relative quotation. Buy or sell and easily earn the difference.

Product Code Margin calculation Trading hours (Beijing time)
Gold/dollar XAUUSD Lot * Contract Quantity * Market Price / Account Leverage * Prepayment Percentage 6:00 to 5:00 pm (daylight saving time) or 7:00 to 6:00 pm (winter time)
Silver/dollar XAGUSD Lot * Contract Quantity * Market Price / Account Leverage * Prepayment Percentage 6:00 to 5:00 pm (daylight saving time) or 7:00 to 6:00 pm (winter time)
Description: Winter time trading time is 1 hour later than daylight saving time