Metals
Metals like gold, silver and copper can be subject to dramatic price volatility for various reasons. Nadex products give you a low collateral way of taking advantage of these movements.
Our Metals contracts are based on COMEX/NYMEX® Futures.
Binary Options
- Your profit or loss is known from the outset: a Binary Option can only settle at zero or 100
- Trading opportunities even when the underlying metal future is quiet
- Open a position with just a few dollars' collateral
Bull Spreads
- Opportunities for limited risk, leveraged positions on underlying metal futures
- Can be used for hedging against existing metal futures positions
- Open a position with just a few dollars' collateral
Gold
Examples
Gold
Gold is the most commonly traded precious metal, traditionally viewed as a safe haven investment to hedge against economic and political crises.
Since 2003, the price of gold has been on a consistently upward trend, rising from below $400 per ounce to more than $1800 per ounce during 2011.
- China was the world’s largest gold producer in 2010
- India was the leading consumer of gold in 2010
- All the gold ever mined would fit in two Olympic swimming pools
Silver
Examples
Silver
Silver is generally regarded as a relatively volatile market. Demand is driven mainly by industrial applications, as well as jewelry, silverware and other decorative uses.
From mid-2010 to mid-2011 the price of silver increased by around 150% to almost $50 per ounce. This was led primarily by industrial demand.
- Mexico was the world’s largest silver producer in 2010
- Silver is an excellent conductor of electricity
- Half the world’s silver is used in industrial applications
Copper
Examples
Copper
Copper is a versatile and durable metal, and is used in almost every major industry. Demand is generally linked to economic growth, and especially the construction industry.
The price of copper has risen dramatically since 2003, led primarily by expansion in developing countries such as China and India.
- Chile was the world’s largest copper producer in 2010
- Copper is an excellent conductor of electricity
- Copper is ‘man’s eternal metal’ for its versatility and durability
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