If you ask investors which is the most reliable asset to invest in today, they will probably answer that this is gold. Indeed, gold prices has their ups and downs from time to time. However, if to compare gold to other conventional assets, the upward potential is more vivid and considerable.
On the contrary, gold is one of the few safe-haven assets amid financial and economic instability and uncertainty making today’s financial markets more and more volatile and less predictable for consistent profits. Gold is not as sensitive and vulnerable to various financial, economic, and political news making currencies and other assets start a roller coaster. Gold is one of the very few reliable assets for long-term investing.
Advantages of Investing in Gold with Orbex
According to Orbex, one of the leading Forex companies, gold has been rallying for the last 5 years amid a relatively weaker U.S. Dollar. The gold bias is still bullish since gold has always been treated as a safe-haven asset by savvy long-term investors seeking to secure their capital against the negative impact of endless crises, economic slowdowns and political uncertainty.
As of December 24, 2016, the Comex gold futures for February delivery grew by 2,3 dollars or 0,2% and reached 1133,00 dollars per troy ounce. Since December 21, gold prices had been rallying without retracements starting from 1135,20 dollars per troy ounce.
In the near future, if the tendency remains (the U.S. Dollar is currently showing some weakness), gold is very likely to continue its uptrend to set new local highs. This means that even if you are not planning to buy and hold some gold for years, this is still a decent opportunity for you to gain some money long-term if you use the chance now.
Orbex offers one of the best trading conditions for gold:
- tight spreads from 0,2p
- fixed margin equal to 1000 dollars per 1 lot
- hedging with zero balance, and so much more
On top of that, thanks to the cutting-edge technologies and trading conditions created based on customer feedback, Orbex has backed a wide range of features and opportunities for safe, efficient, and profitable gold trading.
For example, if you decide to use gold as a safe-have asset during crises, you still can benefit from it amid volatile financial markets overwhelming contemporary traders and investors. Since the company offers you a range of cutting-edge solutions in the field of technical and fundamental analysis, you get a chance to read the market more efficiently to spot perfect market entries and determine perfect periods to hold the newly-opened gold trade.
The good news is, Orbex offers you portfolio investing in gold. You get your investments diversified on beneficial conditions. Adding gold to your investment portfolio is a good idea, especially today. If necessary, Orbex experts are ready to assist you in your gold investments at any time you wish.
On top of that, Orbex offers in-depth high-quality analytics coupled with security and efficiency. The company holds free webinars, as well as ready-made trading solutions and strategies. The company’s honesty is backed by a CySEC license. By the way, Orbex participates in the Investor Compensation Fund (ICF).
Apart from gold, you can trade many other assets on equally beneficial trading conditions and with the same access to innovative solutions taking your trading experience to a whole new level.
Trading with Orbex is the ultimate trading experience!
