Trade with AFB now the most traded, liquid and easily understood precious metals products on earth: Gold and Silver.

We offer our clients very tight spread on spot gold and silver with uninterrupted live pricing on our platform AFB Trading as well as trading precious metals futures with market spreads.

Benefits of trading with Precious Metals:

• Precious metals have been a solid hedge against a declining U.S. dollar
• Precious metals have been a proven safe-haven in times of war, political strife and uncertainty
• Precious metals can offer outstanding price appreciation and profit potential

Specifications:

1. Spot Precious Metals

Product	Contract Size	Spread	Stop - Limit Orders	Minimum Fluctuation	Margin	Trading Hours (GMT)
XAUUSD	100 OZ	0.5 USD	0.5 USD	0.1 = 10 USD	1000 USD	Open Sun 22:00 Monday - Friday: 00:00-21:15 Reopen 22:00-24:00 Close Fri 20:30
GOLD
XAGUSD	5,000 OZ	0.05 USD	0.5 USD	0.01 = 50 USD	1000 USD
SILVER

2. Comex Metals Futures

Product	Contract Size	Spread	Stop - Limit Orders	Minimum Fluctuation	Margin	Months Traded	Trading Hours (GMT)
GC	100 OZ	Market spread	0.5 USD	0.1 = 10 USD	2000 USD	Feb, Apr, Jun, Aug, Dec.	Open Sun 22:00 Monday - Friday: 00:00-21:15 Reopen 22:00-24:00 Close Fri 20:30
GOLD
SI	5,000 OZ	Market spread	0.02 USD	0.005 = 25 USD	2000 USD	Mar, May, Jul, Sep, Dec.
SILVER

Examples

• Example 1: Buying Spot XAUUSD Contract
  
  • (Closing price – opening price) – (780.5 – 760.90 = 19.6 $ per contract)
  • If each contract consists of 100 oz (the value of the gold contract) then we must multiple 19.6 by 100, the profit therefore will be 19.6 * 100 = 1960 $ per contract Gross profit: (1960 * 4 lots = 7840 $)

A client believes that Gold price against US Dollar is going to rise in the future. To exploit the situation the client intends to buy GOLD (XAUUSD).

Spot gold quoted 760.20 /760.90; the client buys 4 lots at 760.90. This required a total margin of 4000 $ (margin of each lot is 1000 $).

As expected spot gold price rises to 780.50/780.20; the client decides to sell these 4 lots (close his positions). So he sells 4 lots at 780.50.

It's obvious that client has made a profit; to calculate it we should do the following:

*Commission charges are NOT included in the above calculations

• Example 2: Selling Silver Future (SI_0Y) Contract
  
  • (Closing price – opening price) – (13.23 - 13.14 = 0.09 $ per contract)
  • If each contract consists of 5000 oz (the value of the silver contract) then we must multiple 0.09 by 5000, the profit therefore will be 0.09 *5000= 450 $ per contract.
  • Gross Profit: (450*6lots = 2700 $)

A client believes that silver prices is going to fall in the future, silver future price is quoted 13.14/13.155. The client sells 6 lots at 13.14. This required a total margin of 6000 $ (margin for each lot is 1000 $).

The silver didn’t move in the client's favor and its price now is 13.22/13.23, the clients decides to buy 6 lots of silver future contract (close his positions), so he buys 6 lots at 13.23.

To calculate the loss of the client we should do the following:

*Commission charges are NOT included in the above calculations.

 

 

** Above contract specifications listed according to daylight saving time (DST – ON / Summer time)

 

Download Contract Specifications – All Instruments (DST – Daylight Saving Time / Summer) HERE

Download Contract Specifications – All Instruments (Standard Time / Winter) HERE



** Regular Trading hours may be affected by market holidays or amendments when applying daylight saving time in Europe or the USA; Announcements on the website and/or the live trading platform will be published to declare such changes.

** All times and specifications above are subject of change without any prior notice