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Should we trade Spot Gold or Futures?

  • Post #1
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  • First Post: Jan 7, 2023 8:23pm Jan 7, 2023 8:23pm
  •  lkthomas
  • | Joined Jun 2006 | Status: Member | 253 Posts
I want to day trade Gold, should I choose Futures or Spot? what's the reason behind it?
  • Post #2
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  • Jan 8, 2023 4:26am Jan 8, 2023 4:26am
  •  jonstewart
  • | Joined Jan 2022 | Status: Member | 100 Posts
Quoting lkthomas
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I want to day trade Gold, should I choose Futures or Spot? what's the reason behind it?
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We the traders are doing mainly spot trading; because it’s simple!
 
 
  • Post #3
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  • Jan 12, 2023 4:19am Jan 12, 2023 4:19am
  •  Anawilliam85
  • | Joined Dec 2022 | Status: Junior Member | 4 Posts
What Is the difference between both? I've heard about the comparison on Futures and options but not Spot. Can anyone please explain?
 
 
  • Post #4
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  • Last Post: Jan 30, 2023 1:17am Jan 30, 2023 1:17am
  •  Tiago12
  • | Joined Jul 2022 | Status: Member | 11 Posts
A commodity's spot price is the current cash cost for immediate purchase and delivery.

The futures price secures the cost of a commodity that will be delivered at a point other than the present, typically months later.
 
 
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