Gold Trading
Latest Articles
Trading off the Gold-Silver Ratio
Alefiya | Intern | POEMS
- The gold-silver ratio is the measure of current gold price divided by current silver price, which shows how much more expensive gold is in comparison to silver.
- When the ratio is abnormal, we can read the trends to decide if we should enter into a long trade or short our gold and silver stocks.
Featured Articles
Playing the Ratio Game: Gold and Silver
Gold price has surged to multi-year high recently, generating massive interest in this investment amidst market uncertainties and low interest rates. This article will give you an appreciation of gold and silver, and the gold/silver ratio…
Read MoreTop 2 Reasons You Should Grab the Gold Now!
Looking for security amidst volatile and uncertain times? In the current market situation brought about by the pandemic, we have seen gold’s strength in portfolio hedging and preservation and may be worthwhile adding to your investment portfolio.
Read MoreGold in the Post-COVID World
2021 has been a roller coaster ride for investors, with steep drops on one day followed by sharp rebounds on the next. Historically low interest rates and dovish monetary policies have led to a rapid expansion of global money supply…
Read MoreGold Surges to Multi-year High
Looking for security amidst volatile and uncertain times? In the current market situation brought about by the pandemic, we have seen gold’s strength in portfolio hedging and preservation and may be worthwhile adding to your investment portfolio.
Read MoreWhat is the outlook for Gold over the next six months?
Over the next few months, Phillip Futures dealer Lim Jin Ru expects gold demand to go up. She explains why. Central banks are on gold-buying sprees and global economic conditions are worsening. Read on to find out more!
Read MoreA Good Time for Gold: 4 Reasons to Buy the Precious Metal
2019 started off with massive uncertainty. While volatile market conditions make it more challenging for investors to plan their moves, the flipside is opportunities to gain are created if the right moves are made. Read on to find out more!
Read More5 Reasons Gold Should Already Be in Your Investment Portfolio
2019 started off with massive uncertainty. While volatile market conditions make it more challenging for investors to plan their moves, the flipside is opportunities to gain are created if the right moves are made. Read on to find out more!
Read More4 Reasons Why Gold Should Be Part of Your Portfolio
All that glitters is not gold. At least that can be said when it comes to investing in gold. I am sure you will agree that like every other tradable instrument out there, gold has its ups and downs. Read on to find out the 4 reasons!
Read MoreTechnical Analysis Report
Technical analysis: S&P 500, Gold and Dollar Index – With Taper expected, Bonds Calm and Equities Weak
Chua Wei Ren | Research Analyst | Phillip Securities Research
Read the latest technical analysis report by our Technical Analyst Wei Ren, as he shares more about the expected taper as well as how it affects the S&P 500, Gold and Dollar Index!
Find out more!Videos
5 Reasons Why Gold Should Be in Your Portfolio
Commodities CFD Product Information
Why Trade Gold & Silver CFDs?
- Leverage: As commodities CFD is a leveraged product traded on margin, customers only pay a fraction of the contract value to gain exposure to the underlying commodity contract.
- Alternative Investment: Commodities’ value is typically not driven by the same factors that affect the prices of other asset classes such as stocks or bonds. Hence, commodities may serve as a good instrument to diversify one’s portfolio.
- No Storage Cost: Commodities CFD is a derivative; therefore customers do not actually own the commodity. Investors can gain exposure to price changes in the underlying commodity and avoid the risks and costs involved in owning physical commodities at the same time.
Gold & Silver CFDs
Product | Value of 1 Index Point | Contract Size | Margin Requirements | Order Submission Range | Market Trading Hours | Settlement Currency | Dividend Adjustment |
---|---|---|---|---|---|---|---|
Gold USD1 CFD | US$1 | US$1 x Gold USD1 CFD Price x Quantity | 20% | +/- 20% from bid/ask spread | 07:01 – 04:00 (DS) 07:01 – 05:00 (NDS) | US Dollars | No |
Gold USD100 CFD | US$100 | US$100 x Gold USD100 CFD Price x Quantity | |||||
Silver USD50 CFD | US$50 | US$50 x Silver USD50 CFD Price x Quantity |
Gold Miner ETF CFDs
Name | Code | Market | Industry | Margin Requirement | Traded Currency |
VanEck Vectors Gold Miners | GDX | US | Gold Miner ETF | 20% | USD |
VanEck Vectors JR Gold Miner | GDXJ | US | Gold Miner ETF | 20% | USD |
Gold Mining Equity CFDs
Name | Code | Market | Industry | Margin Requirement | Traded Currency |
Barrick Gold Corp | GOLD | US | Gold Mining | 25% | USD |
Newmont Goldcorp | NEM | US | Gold Mining | 15% | USD |
CNMC Goldmine | CGH.SG | SG | Gold Mining | 30% | SGD |
For more information, kindly visit our product and pricing page.
Why Trade Contracts For Differences (CFDs)?
ETF Product Information
Physical Gold Backed ETFs:
New to Physical Gold Backed ETFs?
- Physical Gold Backed ETFs are convenient and cost efficient investment vehicles for investors to gain exposure to gold without having to pay for the logistic and insurance costs of holding physical gold.
- With Physical Gold Backed ETFs, investors can now easily buy and sell shares of the ETFs on exchanges and take advantage of the strategic and tactical properties of gold as a unique asset class for their investment portfolio.
ETF SPDR Gold Shares SPDR Gold MiniShares iShares Gold Trust Ticker GLD O87 | GSDNEW 2840 1326 GLDM IAU Exchange NYSE-MKT SGX HKEx TSE NYSE-MKT NYSE-MKT Trading Currency USD USD | SGDNEW HKD JPY USD USD AUM (USD) 57.13 Billion 6.22 Billion 25.94 Billion Expense ratio 0.40% 0.10% 0.25% Board Lot Size 1 1 5 1 1 1
Gold Miner ETFs:
New to Gold Miners ETFs?
- Gold Miners ETFs are “highly leveraged” financial products due to the underlying nature of the gold mining industry. The high operational and financial fixed cost of the gold miners result in gold miners’ earnings to be highly susceptible to fluctuation in gold prices.
- Gold Miners ETFs’ share prices tend to be more volatile than Physical Gold Backed ETFs because of company-specific factors of the underlying companies. This mean that small changes in gold price can result in much larger differences in their net income and valuation multiples.
- Gold Miners ETFs can be potential tactical instrument for investors to take advantage of rising gold price and for traders to profit from excess return relative to gold price.
ETF VanEck Vectors Gold Miners ETFs VanEck Vectors Junior Gold Miners ETF Ticker GDX GDXJ Exchange NYSE-MKT NYSE-MKT Trading Currency USD USD AUM (USD) 12.84 Billion 4.33 Billion Expense ratio 0.51% 0.52% Board Lot Size 1 1
Data as of 13 December 2023
For more information, kindly visit our product and pricing page.
Futures and Spot Bullion Product Information
Trade a diverse range of precious metals products, get access to Spot/Futures/Low-leveraged gold & silver products, even physical gold.
Why Trade Gold & Silver with Phillip Futures?
- Diverse range of products: Trade a whole range of gold and silver products that caters to your individual needs.
- Trade precious metals on margin: Trade Spot gold and silver to gain full exposure with a small initial deposit.
- Low spreads: Trade with spreads as low as $0.3 for Spot gold.
New to Gold/Silver trading?
Gold and silver are precious metals, highly sought after as safe-haven products and a store of value.
- Spot Gold and Silver: Gold and Silver prices are quoted and traded against the US dollar. Phillip Futures offers spot gold and silver bullion in the following contract sizes: Regular, Mini & Micro.
- Gold & Silver Futures: Contracts with the precious metals itself as underlying assets. With commodities gaining popularity as an important alternative asset, you can now invest in Gold & Silver futures to enhance your portfolio diversification, hedge against inflation or your physical precious metal holdings, and potentially obtain returns while doing so.
- Gold Direct Investment (GDI) & Silver Direct Investment (SDI): Enables you to invest in the value of Gold and Silver with lower leverage. This is mainly suited for investors that have a longer tenure in their investments. The benefits of GDI/SDI, compared to conventional gold saving schemes offered in banks, will be the 0 commission trading, market that is open 24 hours/5 days a week and it has one of the lowest cost for gold investments in the market.
Spot Precious Metals:
Product | Symbol | Standards | Mini | Micro | |
---|---|---|---|---|---|
Loco London Gold | XAU/USD | 100 t.oz | 10 t.oz | 1 t.oz | |
Loco London Silver | XAG/USD | 5000 t.oz | 500 t.oz | 50 t.oz | |
Loco Zurich Platinum | XPT/USD | 100 t.oz | 10 t.oz | 1 t.oz | |
Loco Zurich Palladium | XPD/USD | 100 t.oz | 10 t.oz | 1 t.oz |
Gold & Silver Futures:
Product | Exchange | Trading Hours | Currency | Contract Size | Tick Value |
---|---|---|---|---|---|
Gold | COMEX | 0600-0500 (Globex) | USD | 100 t. oz | US$10 |
E-mini Gold | COMEX | 0600-0500 (Globex) | USD | 50 t.oz | US$12.50 |
Micro Gold | COMEX | 0600-0500 (Globex) | USD | 10 t.oz | US$1 |
Mini-Sized Gold | ICE US | 0800-0600 | USD | 32.15 fine t.oz | US$3.215 |
Shanghai Gold | COMEX | 0600-0500 (Globex) | USD | 32.15 t.oz | US$3.215 |
Shanghai Gold | COMEX | 0600-0500 (Globex) | CNH | 1000 grams | 50CNH |
Gold Kilo Futures | COMEX | 0600-0500 (Globex) | USD | 32.15 t.oz | US$3.215 |
Silver | COMEX | 0600-0500 (Globex) | USD | 5000 t.oz | US$25 |
1000 Oz. Silver | COMEX | 0600-0500 (Globex) | USD | 1000 t.oz | US$10 |
E-mini Silver | COMEX | 0600-0500 (Globex) | USD | 2500 t.oz | US$31.25 |
Palladium | NYMEX | 0600-0500 (Globex) | USD | 100 t.oz | US$5 |
Palladium | NYMEX | 0600-0500 (Globex) | USD | 50 t.oz | US$5 |
Gold & Silver Direct Investment:
Gold Direct Investment (GDI) | Silver Direct Investment (SDI) | |
---|---|---|
Product | Spot Gold | Spot Silver |
Trading Hours | 23 Hours | |
Lot/Contract Size | 1 Troy Oz | 50 Troy Oz |
Initial Investment | USD1,899.89* (99.99% of the notional value) | USD1166.38* (99.99% of the notional value) |
Admin Fee | 1% p.a on daily settlement price | |
Commission | USD1 |
Unit Trust Commodities Product Information
Gold Miner Unit Trusts
New to Gold Miner Unit Trust?
- Gold Miner Unit Trusts generally invest in companies whose predominant economic activity is gold-mining.
- In Unit Trust investments, fund managers adopt active management and actively pick the companies to outperform fund’s benchmark over time. Active management provides fund manager the flexibility to hold cash in a down market, and buy low during periods of heighted market volatility. Thus, fund manager plays a pivotal role in the fund performance.
- Gold Miner Unit Trusts offer various currency share classes that are different than their base currency. SGD hedged share class will help investors reduce the impact of SGD currency movement against other currencies that may have on an investor’s returns. In an unhedged SGD share class, investor will be exposed to FX gains or losses.
- When gold prices fluctuate, gold mining companies may move faster in the same direction than anticipated by investors as there is a high positive correlation between them. Therefore, the investment returns for gold mining companies tend to more volatile.
BlackRock World Gold
- The World Gold Fund seeks to maximise total return. The fund invests globally at least 70% of its total assets in the equity securities of companies whose predominant economic activity is gold-mining. It may also invest in the equity securities of companies whose predominant economic activity is other precious metal or mineral and base metal or mineral mining. The fund does not hold physical gold or metal.
Fund Name Currency Min Investment Amount Fund Source BlackRock World Gold A2 EUR (LU0171305526) EUR 1000 Cash & SRS only BlackRock World Gold Fd A2 (Acc) SGD H (LU0368265764) SGD 1000 Cash & SRS only BlackRock World Gold Fd A2 (Acc) USD (LU0055631609) USD 1000 Cash & SRS only BlackRock World Gold Fund A2 AUD-H AUD 1000 Cash & SRS only BlackRock World Gold H A2 EUR (LU0326422689) EUR 1000 Cash & SRS only
DWS Noor Precious Metals Securities Fund Class
- The fund seeks to achieve its investment objective through investment in Shariah-compliant equity and equity-related securities of companies engaged in activities (exploration, mining, and processing) related to gold, silver, platinum, or other precious metals or minerals.
Fund Name Currency Min Investment Amount Fund Source DWS Noor Precious Metals Securities Fund USD LC USD 1000 Cash only DWS Noor Precious Metals Securities Fund SGD LC SGD 1000 Cash only
FTIF Franklin Gold and Precious Metals Fund
- The fund’s principal investment objective is capital appreciation. Its secondary objective is income. Under normal market conditions, the fund invests principally its net assets in securities issued by gold and precious metals operation companies. The fund principally invests in equity and/or equity-related securities such as common stocks, preferred stocks, warrants and convertible securities issued by gold and precious metals operation companies located anywhere in the world (including Emerging Markets) and across the entire market capitalization spectrum, including small-cap and medium-cap companies, as well as in American, Global and European Depositary Receipts.
Fund Name Currency Min Investment Amount Fund Source FTIF Franklin Gold and Precious Metals Fd A (Acc) SGD SGD 1000 Cash & SRS only
Schroder ISF Glb Gold Fd
- The fund aims to provide capital growth by investing in equities of companies in the gold industry. The fund invests at least two-thirds of its assets in equities of companies world wide involved in the gold industry. It will also invest directly in equities relating to other precious metals and indirectly in gold and other precious metals through funds. The fund may hold up to 40% of its assets in cash. The fund will not be exposed to any physical commodities directly, nor enter into any contracts relating to physical commodities. The fund may use derivatives with the aim of reducing risk or managing the fund more efficiently.
Fund Name Currency Min Investment Amount Fund Source Schroder ISF Glb Gold Fd A Acc SGD Hedged SGD 1500 Cash only Schroder ISF Glb Gold Fd A Acc USD USD 1000 Cash only Schroder ISF Global Gold Fd EUR Hedged A Acc EUR 1000 Cash only
UOB United Gold & Gen Fd
- The fund aims to achieve returns on investment mainly in securities of corporations (whether or not listed on any stock exchange, and in any part of the world) whose business (in any part of the world) is or is substantially in the mining or extraction of gold, silver or precious metals (e.g. platinum, palladium, rhodium etc.), bulk commodities (e.g. coal, iron ore, steel etc), base metals of all kinds (e.g. copper, aluminium, nickel, zinc, lead, tin etc.), and other commodities (e.g. industrial minerals, titanium dioxide, borates etc.) and it includes the mining or extraction of oil, gas, coal, alternative energy or other commodities or other minerals, and other Authorised Investments as set out in Clause 1 of the Deed and as described in paragraph 20.6 of this Prospectus.
Fund Name Currency Min Investment Amount Fund Source UOB United Gold & Gen Fd SGD 1000 Cash & SRS only