Trading precious metals has a long history. Being rarely found in nature, they have rightly gained their high value in the market. Gold, for example, is mostly used as a hedge against inflation and a general devaluation of currencies, rather than the main currency. Still, the value of precious metals, and gold in particular, can’t be overrated.
Why so? Comparing to the other trading assets, precious metals are well-known for their stability, even at times of market volatility. Also, precious metals are used in several industries around the world; that’s why they became extremely market resistant. Trading precious metals with CFDs provides you with endless opportunities to exploit the market trends in the short run or a long-term bid.