Why there is big spread in Gold?

[Uhuru]

golds value is very high and so thats why we have the brokers or so many banks raising the spread because its these way that people will be able to make and work in the right mind and so they will want to make some higher market volume these is the best place for them to make some good money and they will use it as they call it its the best place for all of us.

[pakpa]

The price movement of gold is very volatile almost all days. It makes the spread become so big. because in every second, the gold price will moves for so much pips, not like currencies which just move for some pips only especially in flat market. It makes gold become more profitable but more risky also

[sayinifx]

Gold ke trading me bahut jada spread hoti hai esme jada risk bhi hota hai lekin trader gold ka tarde Karna pasand karte hai kyunki gold trade me jada movement hoti hai agar achhe se trade karte hai to achha profit kar sak hai.

[ubed]

I think forex is actually a good occupation. gold offers higher spread whenever compared along with significant currency pairs. As a result of, the motion is actually large daily. So, u have chances to obtain large profit. So, these people established spread higher with regard to gold. Gold is actually not ideal for scalpers, the ideal for long term traders just. Good luck...................

[frozen]

because of to gold trading needs considerable money so the average trader is actually a trader that trade gold center and higher category. so the actual spread is designed also nice addition Profit through gold traders tend to be also very a lot

[sukijan]

yes my friend gold offers a lot of spread whenever we compare to some other currency pairs as a result of gols getting large speculation on market because well because lots also a lot of if we on vest on gold because a lengthy term also we the actual spreads tend to be more

[BOOKLOOK]

"

That's happened because gold have high volatility to trade. As you see how far range of pips the gold. And all because trading in gold is profitable, broker want to have more fee too for this service

"

[vonderfox]

"

gold trading seems to have become the spotlight every trader, so the movement of the gold price suffered considerable movement. so the big advantage is always readily available from the gold trade.

"

[fanforex]

"

Gold has spread so high that it would be easy to make a big profit. You are right. We need large equity for the gold trade and the spread can lead to large losses as well. You should not forget that my dear friend if you are a true merchant.

"

[bolingerfx]

"

Well this is a normal thing, there are very big spreads in gold, and many other commodities and pairs, but the truth remains that we need to choose what suites us best and apply it in our trading.

"