Why there is big spread in Gold?

[hitesh]

if we see gold movement in bigger time frame, we may think that gold only about buy and buy, cause the graphics only showing the rising chart, but if you change the TF into the smaller one, you will see the same pattern like the currencies has. it also contain high and low. Gold have a very slow movement but stable for the long term. cause this reason, many traders choose not to trade gold. the more rare a currencies/ commodity to be trading, it will raise up the spread. so, big spread not only happened to gold but to all currencies and commodities that don't have an active trading session.

[aarti]

gold is unrenewable natural resources, so it's no wonder the price will always up and no intention to goin down. the more it's become rare in the market then the more expensive it will become. And the big spread that gold has is because the broker want to protect their interest, since many traders already knew that gold always going up. so it;s kind of easy to predict where gold gonna move. by applying big spread, traders, especially the new one who don't know the characteristic of gold will prefer not enter the market.

[rathod]

I think it's very fast movement of gold, so it is natural that the spread is also very wide. to perform the movement of 100 pips can be just a matter of seconds. for that, for the beginner is very risky trading with gold.

[sweety]

Gold is gold means the rates of gold are raising the sky so to invest in gold is not a bad option thats why so many people like to spread in gold . every country currency changes time to time but gold never goes down so i suggest to invest in gold .

[md satu]

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[purohit]

me ap sy sehmat hu k waqai me gold ke sabse jiyada spred hay or agar ham kisi or pair pr trade karen toh profit kam he milta hy or risk bhi kam mgar gold me profit be ziada or risk be mgar gold acha pear hy trade karny k liye.

[joru]

Gold me big spread is liye hota hy ku k yeh her country ke economic sy relate karta hy jab be ko country new note bnati hy to us ke against wo apny pass utni maliyat ka gold rakhti hy glod ka use boaht jiyada hy meray idea k hisaab sy isi wajha sy iska spread big hota hy.

[pinkubond33]

on the gold the big spread inside i think that is also because on the gold is have the high move just 100 pips only i think we just need to wait for the several time is enough the market is also moving really quickly on the gold .............

[zytuy11]

gold has actually huge price fluctuations so greater spread then the currency trading but trading in gold requires more skills and more equity then the currency trading, being vigilant is also neccessary

[nuh514]

I noticed that usually currency pairs have 2-3 pips spread but in gold it is biggest 10 pips, do you know why so. Bt i do love trading in gold despite this huge spread there is good opportunity to make profit.

What you have noticed about the high spread size of gold is wrong because here you are saying that brokers offer trading with gold with 10 pips but it is not 10 pips but 100 pips which is really too high. But on the other hand gold's movement is also very quick and it moves around one to 3 thousand pips in one day.