Commodities are defined as something of value. They
include anything from heating oil and natural gas to soybeans
and orange juice. Every industry uses commodities to
provide a product or service; when demand for
an industry increases, demand for its commodities
increases as well. Trading commodities provides you
with a great way to diversify your portfolio and hedge your
investments.
UFXMarkets offers you a diverse menu of commodities. Select from corn, sugar, cotton, and coffee in the agricultural sector, and Gold and Silver in metals. We also offer you the chance to trade oil and gas in the energy markets.
Gold (XAU/USD) and Silver (XAG/USD) Trading Hours: Trading in Gold and Silver begins on Sundays at 23:00 GMT. There is a break in trading Gold and Silver every day at 22:00 GMT and trading resumes at 23:00 GMT. During this daily break in trading, you will not be able to place or amend market orders, Stop orders and Limit orders.
Oil (OIL/USD) Trading Hours: Trading in Oil begins on Sundays at 23:00 GMT. There is a break in trading Oil every day at 22:15 GMT and trading resumes again at 23:00 GMT. During this daily break in trading, you will not be able to place or amend market orders, Stop orders and Limit orders.
"On December 4, 2009, Gold opened at $1207.40. I saw it trading around this level for the early part of the day, but then the price started dropping and began to tumble after the Payrolls came out.
I sold 100 ounces at $1205.65, set my stop loss to $1215, set my take profit at $1185 and walked away from my computer. Gold fell to $1,165 in this whopper of a day and my total earnings were $4,065 USD. Hey, not bad for a day’s work!"
M. Harris Sydney, NSW (Australia)