3 Reasons why gold has low risks and substantial gains
Gold is traditionally considered a safe-haven asset. As gold carries low risk, it is an ideal diversification and impairment tool during bear market as a hedge against inflation and currency risk.
In the past, due to high retail prices, high investment threshold, as well as the difficulty of converting gold to cash instantaneously, it has deterred ordinary public investors from investing in physical gold. But these risks associated with traditional gold investment is mitigated with the best gold trading platforms. With cutting-edge technology, gold apps are created by lowering entry barriers with competitive retail gold prices and presenting flexible trading hours for every investor. Apps are reshaping the way you invest in gold.
Now, let’s explore the charm and benefits of trading gold using online platforms.
1. Ultra-low investment threshold
The minimum trading volume on online gold platforms starts from 0.01g of gold which is equivalent to USD 0.64 based on the current gold spot price. You can kick-start your investment journey with a low capital investment and gradually increase your capital according to your budget.
2. International competitive gold retail price
Gold Apps are the only platforms that retails gold at wholesale commodity prices. Generally speaking, if the price of the gold commodities is USD 60 per gram, the banks would typically increase the retail gold price to USD 80 per gram. What differentiates us from the rest is that the price of gold sold on our platform is referenced to the price of international spot gold, USD 60 per gram.
Bank and other gold retailers erode investor’s profits through the buys and sells prices. A gold broker does not profit from these price spreads. And since brokers does not levy any transaction fees, investors can maximise their profits by trading gold with them.
3. 24/7 real-time trading
Gold is a globally-traded product. Trading hours on other market exchanges are restricted, as different markets open at different timings. For example, the end of the London market affects early market prices in the United States. The closing price in the United States affects the opening price in Hong Kong. The closing prices in both Hong Kong and the United States affect the opening price in London. In addition, prices are also affected during holidays or closure of the international markets.
Gold apps provides a 24/7 real-time trading platform, making gold trading more timely and accessible for our investors. You can choose to enter and exit the market at your desired price and time. Moreover, you can trade multiple times a day, making instant profits and cash out, and be in absolute control of your own investment on our platform.