Gold trading (gold) has different characteristics from physical gold investing. Gold trading allows traders to benefit from short-term increases and decreases in price, much like forex trading. Gold pairs such as XAU / USD are also one of the most traded pairs. However, just as trading each currency pair has its own characteristics, trading gold has many unique characteristics.
Gold is the “world currency” and a large number of people are involved in gold, be it industry, investing or trading. However, Walton cautioned that gold trading is not suitable for beginners; if a trader fails to trade forex, it is unlikely that he will be successful at trading gold.
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