Metals spread betting markets may also be available through other companies. Notes.
2)Where can I find Live Spread Betting Prices for the Gold Market?
For commodities spread bets please see the above tables. Where a company offers the relevant market they will also provide clients with live prices on that market.
3) Where can I find Live Charts / Candlestick Charts for the Gold Market?
Spread betting companies often offer a variety of free data to their clients (accounts are subject to status, terms and conditions).
The most popular commodities data, apart from live prices, tends to be the candlestick charts. The time period of the charts can usually be varied. You can often alter the candlestick charts to show market movements in the order of 1 minute, 2 minutes, 5 minutes, 10minutes, 1 hour, 1 day or 1 week periods.
With a number of the charts you can also update the settings to help your technical analysis. For example you can add Bollinger Bands and 20, 50 and 100 point Moving Averages and commodities candlestick charts are currently available with:
Trading Charts?
Spread betting charts may also be available from other companies. Notes.
Sample Gold Chart from Financial Spreads:
4) How do you Spread Bet on the Gold Market to Go Up?
Gold Spread Betting Example
Should you decide to spread trade on a commodity such as Gold then, on visiting a spread trading website like Spreadex, you would currently find a spread trading price of $1,114.5 - $1,115.0.
As a result, you could spread bet on Gold to go higher than $1,115.0 or to go lower than $1,114.5.
When spread betting, you bet on every unit the market rises or falls. For the Gold market a unit is $0.1 of the commodity's price movement.
As an example, you could choose to spread bet £3 for every $0.1 Gold increases or decreases.
Buying - Spread Betting on the Gold Market to Go Up
If you were to go long of Gold at $1,115.0 and the commodity rose then the market might be re-priced at $1,118.9 - $1,119.4. Therefore, you might choose to close your bet for a profit at $1,118.9.
P&L = (closing level of the market - opening level of the market) x stake per $0.1
P&L = ($1,118.9 - $1,115.0) x £3 per $0.1 stake
P&L = $3.9 x £3 per $0.1
P&L = £117 profit
Conversely, if the market had decreased to $1,111.4 - $1,111.9, you could choose to close your trade to prevent further losses. If so, you would sell the market at $1,111.4.
Therefore, with the same £3 per $0.1 stake:
P&L = (closing level of the market - opening level of the market) x stake per $0.1
P&L = ($1,111.4 - $1,115.0) x £3 per $0.1 stake
P&L = -$3.6 x £3 per $0.1
P&L = -£108 loss
5) How do you Spread Bet on the Gold Market to Go Down?
A key advantage of spread trading is that investors can go short of the markets.
The initial spread was $1,114.5 - $1,115.0.
If you were to sell Gold at $1,114.5 and the commodity fell then the spread could move to $1,109.9 - $1,110.4. Assuming this was the case, you could close your bet for a profit by buying at $1,110.4.
P&L = (opening level of the market - closing level of the market) x stake per $0.1
P&L = ($1,114.5 - $1,110.4) x £3 per $0.1 stake
P&L = $4.1 x £3 per $0.1
P&L = £123 profit
The markets can of course rise, if the market had risen to, for example, $1,117.8 - $1,118.3, you could choose to close your bet to prevent further losses. If that were to happen, you would buy at $1,118.3.
With the same £3 per $0.1 stake:
P&L = (opening level of the market - closing level of the market) x stake per $0.1
P&L = ($1,114.5 - $1,118.3) x £3 per $0.1 stake
P&L = -$3.8 x £3 per $0.1
P&L = -£114 loss
Gold Spread Betting Rolling Daily prices taken as of 17-Dec-09.
6) Where can I find more on Spread Betting on Commodities?
Note - Spread Betting carries a high level of risk to your capital and you can lose more than your initial investment, it may not be suitable for all investors. Ensure you only speculate with money that you can afford to lose and that you fully understand the risks involved and seek independent financial advice where necessary.
'Gold Spreads', Guide by D. Jones, last update: 1-Sep-10
Related articles:
10 Reasons to Spread Bet, 2-Sep-10,
10 Reasons to Spread Bet. Spread betting offers a range of positive reasons of why you should consider spreads as part of your investment portfolio: 1)Tax Free Trading: A well publicised aspect...see: 10 Reasons to Spread Bet
Commodities Spread Betting, 2-Sep-10,
Commodities Spread Betting guide. Your Commodities Spread Betting questions answered: where to spread bet, how to trade, where to find free Commodities charts, real time prices, how to trade and......see: Commodities Spread Betting
Crude Oil Spread Betting, 2-Sep-10,
Crude Oil Spread Betting guide. Your Crude Oil Spread Betting questions answered: where to spread bet, how to trade, where to find free Oil charts, real time prices, how to trade and…...see: Crude Oil Spread Betting
Gold Spread Betting, 2-Sep-10,
Gold Spread Betting guide. Your Gold Spread Betting questions answered: where to spread bet, how to trade, where to find free Gold charts, real time prices, how to trade and......see: Gold Spread Betting
Commodity Spreads, 31-Aug-10,
Commodity Spreads guide. Your Commodity trading questions answered: where to trade, where to find free Commodities charts, real time prices, how to trade and......see: Commodity Spreads
Crude Oil Spreads, 1-Sep-10,
Spread Betting guide to Crude Oil. Your Oil Spread Betting questions answered: where to find free Commodities charts, real time prices, how to trade and...see: Crude Oil Spreads
Gold Spreads, 1-Sep-10,
The guide to Spread Betting on Gold. Your Gold Spread Betting questions answered: where to find free Commodities charts, real time prices, how to trade and...see: Gold Spreads
Platinum Spread Betting, 11-Aug-10,
Platinum Spread Betting guide. Your Platinum Spread Trading questions answered: where to spread bet, where to find free Platinum charts, real time prices, how to trade and......see: Platinum Spread Betting
Copper Spread Betting, 11-Aug-10,
Copper Spread Betting guide. Your Copper Spread Trading questions answered: where to spread bet, where to find free Copper charts, real time prices, how to trade and......see: Copper Spread Betting
Silver Spread Betting, 11-Aug-10,
Silver Spread Betting guide. Your Silver Spread Trading questions answered: where to spread bet, where to find free Silver charts, real time prices, how to trade and......see: Silver Spread Betting
Sugar Spread Betting, 11-Aug-10,
Sugar Spread Betting guide. Your Sugar Spread Trading questions answered: where to spread bet, where to find free Sugar charts, real time prices, how to trade and......see: Sugar Spread Betting
Wheat Spread Betting, 11-Aug-10,
Wheat Spread Betting guide. Your Wheat Spread Trading questions answered: where to spread bet, where to find free Wheat charts, real time prices, how to trade and......see: Wheat Spread Betting
Coffee Spread Betting, 11-Aug-10,
Coffee Spread Betting: On a global scale, the ICO predicts that world coffee production in crop year 2008/2009 is to rise by around 3% to 127 million 60kg bags. If you are new to spread betting on coffee and other softs then it is always a good idea to...see: Coffee Spread Betting
UK Oil Spread Betting, 11-Aug-10,
UK Oil Spread Betting guide. Your UK Oil Spread Trading questions answered: where to spread bet, where to find free UK Oil charts, real time prices, how to trade and......see: UK Oil Spread Betting
US Oil Spread Betting, 11-Aug-10,
US Oil Spread Betting guide. Your US Oil Spread Trading questions answered: where to spread bet, where to find free US Oil charts, real time prices, how to trade and......see: US Oil Spread Betting
Spread Betting on Soft Commodities, 11-Aug-10,
Softs prices can rapidly increase on the back of high oil prices due to increased transport and energy costs. Prices are also affected by adverse weather conditions and political policies that force farmers to grow certain types of crop. But if you are spread betting on Softs what about the facts? 10 Facts for Spread Betting on Softs...see: Spread Betting on Soft Commodities
Live Cattle Spread Betting, 11-Aug-10,
Live Cattle Spread Betting guide. Your Live Cattle Spread Trading questions answered: where to spread bet, where to find free Live Cattle charts, real time prices, how to trade and......see: Live Cattle Spread Betting
Lean Hogs Spread Betting, 11-Aug-10,
Lean Hogs Spread Betting guide. Your Lean Hogs Spread Trading questions answered: where to spread bet, where to find free Lean Hogs charts, real time prices, how to trade and......see: Lean Hogs Spread Betting
Soybean Spread Betting, 11-Aug-10,
Soybean Spread Betting guide. Your Soybean Spread Trading questions answered: where to spread bet, where to find free Soybean charts, real time prices, how to trade and......see: Soybean Spread Betting
Cocoa Spread Betting, 11-Aug-10,
Cocoa Spread Betting guide. Your Cocoa Spread Trading questions answered: where to spread bet, where to find free Cocoa charts, real time prices, how to trade and......see: Cocoa Spread Betting
Oats Spread Betting, 11-Aug-10,
Oats Spread Betting guide. Your Oats Spread Trading questions answered: where to spread bet, where to find free Oats charts, real time prices, how to trade and......see: Oats Spread Betting
Corn Spread Betting, 11-Aug-10,
Corn Spread Betting guide. Your Corn Spread Trading questions answered: where to spread bet, where to find free Corn charts, real time prices, how to trade and......see: Corn Spread Betting
Trading the Crude Oil Markets, 30-Jul-10,
Trading the Crude Oil Markets: For now oil prices seem have to halted the sell off that commenced at the beginning of May 2010. Underlying the market movements though is the undeniable fact that...see: Trading the Crude Oil Markets
Spread Trading Gold and Crude Oil, 29-Apr-10,
Spread Trading Gold and Crude Oil: The gold charts look bullish as support levels have been holding out for some time. If you are looking to speculate on the gold spreads then beware of...see: Spread Trading Gold and Crude Oil
Gold Trading, 9-Apr-10,
Gold Trading: If anyone regularly trades the gold market they will know that any Dollar negative news often translates into support for higher gold prices. This is not a surprise when ...see: Gold Trading
Trading the Gold Market, 9-Apr-10,
Trading the Gold Market: If you are looking to trade the gold markets then note that financial spread trading offers a quick and convenient option. Also if you start to trade then you are not restricted to...see: Trading the Gold Market
High Crude Oil Prices, 18-Jul-08,
Trying to stop the open market trading a product that you yourself do not control is just so pointless as to be laughable. When the boot was on the other foot and oil was down at $12 at least OPEC did not threaten to withhold supply and crude oil continued to be freely traded. For the nasty, ruinous speculators who are interested, the crude oil spread betting market is now trading at around £140 per barrel with FinancialSpreads.com
...see: High Crude Oil Prices
Trade the tightest FTSE spreads available² & find a range of benefits at:
FinancialSpreads.com
£1 per point: Start trading £1 per point/tick & an initial deposit of £30
Multiple markets: Forex , Commodities, Indices & Equities
Risk Warning - Spread betting carries a high level of risk to your capital & you may lose more than your initial investment. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved, seek financial advice where necessary & make sure spread betting meets your investment objectives.
(1) The FTSE Rolling Daily Spread is 1 tick during market hours & 4 ticks out of hours. 1 Tick is defined as a full FTSE point. See our Product Information for more details. (2) The above information is correct at time of writing. (3) Tax Law can change.
FinancialSpreads.com is a trading name of London Capital Group Ltd which is authorised & regulated by the Financial Services Authority (FSA). Registered address: is 4th Floor, 12 Appold Street, London EC2A 2AW. All information correct at time of publication.
Risk Warning:
Spread Betting carries a high level of risk
to your capital and you can lose more than your initial investment,
it may not be suitable for all investors. Ensure you only
speculate with money that you can afford to lose and that you fully
understand the risks involved and seek independent financial advice where necessary.
Disclaimer:
Online-Spread-Betting.com does not endorse the information and
analysis available on this site. It is provided purely for information
purposes and is delivered as a personal view of the writer. Under no circumstances
is the information hereon to be used or considered as, an offer to sell, or a
solicitation of any offer to buy. The website content does not constitute investment
advice and neither the individual contributor nor Online-Spread-Betting.com accepts any
responsibility for any use that may be made of the content.
* Tax Free Trading:
Tax law is subject to change. It may also differ if you pay tax in a jurisdiction outside the UK.
