gold and forex

Gold is an important financial commodity and a rare metal with very high economic value. In times of financial turmoil, gold is a high-coefficient choice for investors to avoid risks.

Spot gold in the foreign exchange market may not need to be physically delivered, and may be bought or sold in the form of a dollar-denominated quotation through margin. Given the trade-off between gold and the dollar, many investors will choose to avoid the dollar risk by buying gold.