About Anna 1011 Articles
Hi – my name is Anna Coulling and I am a full time currency, commodities and equities trader. I have been involved in both trading and investing for over fifteen years and have traded many different financial instruments, from options and futures to stocks and commodities. I write and publish articles ( mostly for free ) for UK and international publications on a wide variety of financial issues, and in particular I enjoy helping others learn how to invest and trade.

2 Comments on Bullish momentum waxes and wanes for gold

  1. Hi,Anna i want to invest in commodities,but i am beginner.If you can give me sometime(although i know its precious)will you please guide me,how to invest and what are factors should be considered during gold trade.
    Thanks
    Regards
    M.Sohail Akram

    • Hi Muhammad – many thanks for your comments and I will do my best to help, but as you can appreciate this is a big subject and hard to answer in a few sentences, but here goes! First of all, I’m not sure from your comments whether you are looking to invest or simply speculate in gold/commodities. If you are looking to invest in gold, then there are many ways to do this, and perhaps the most common is to buy the physical metal, either in the form of gold bullion, such as ingots, teal bars or coins, or in the form of jewelry. There are also other ways to invest such as in numismatic gold coins, which have value both in terms of the metal itself, but also in terms of rarity ( rather like antiques!). If you are considering gold as a speculative trader, then there are several ways to trade gold. First, and perhaps most common is to trade in gold stocks, ( gold mining stocks for example) either short term speculative trading, or longer term on a buy and gold basis. Gold futures are also popular and the GC contract on the CME is one of the most widely traded. Whilst the contract is large, smaller micro contracts are now available which reduce the margin requirements with contracts such as the MGC. ETF’s are another common and popular way to speculate on the price of gold, and here the GLD is the most widely traded. Finally, gold is now increasingly becoming available through spread betting platforms and even on MT4 fx brokerage accounts, along with binary options, and fixed odds betting account. So many different ways to speculate and trade the price of gold. In terms of influencing factors, the US dollar is one as commodities general move inversely to the USD, and for gold, safe haven and inflationary hedging are key driving forces. In my book, A Three Dimensional Approach To Forex Trading I do explain commodities and gold in particular and all the influencing factors which drive the price, so you might like to take a look at this, as a possible starting point. I hope the above helps and as I’m sure you know, I do write about gold regularly here, so please do check back or subscribe to the RSS feed under ‘Anna on the Web’ for regular updates. All bets wishes and many thanks for your interest and I hope the above helps – kind regards Anna

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