Why there is big spread in Gold?

[badrita]

Gold trading requires large capital, in addition to spreads that are greater than currency pairs. gold is the most traded commodity, because the price is high and tends to increase. and the potential for multiple profits to make this commodity also very attractive to traders. and for the movement of gold faster and the price range is very wide. You can find that the movement of gold in a day reaches 1000 pips. and impossible to achieve by any currency pair.

[volatip]

Yes there are often sharp moves and if the trade is opened at the right time with the right price 10 pips is covered in a few moments and can show good profits even in minutes - and to avoid losing accounts due to volatility I often avoid using higher leverage and inorder to trade gold you have to have more capital and good margins otherwise the account will explode when prices conflict with you so we have to be careful when trading why I don't trade gold now because of high spreads and after when I have large capital I will trade

[barak]

The demand is widespread because there is good money, but it is equivalent to a currency pair that is relative to other players and spreads volatility. Movement opinion. So, I trade currency pairs, like the difference and what I EURUSD, GBPUSDA you don't feel. and, you should know that the pair spreads on various metal spreads, especially gold, which spreads high for several reasons, gold moves rapidly and has enormous strength, and this is the main reason for the high spread in gold, but the volume of gold spread remains Insta good and right company.

[ILoveYou]

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.

Well in instaforex they have 60 points spread on gold I don't know why but it's the condition of insta and they don't get any commission from our trades that's why they have only option to sets spread on the metal or currencies pair so they could earn money as well.
However gold is riski metal and with 60 points spread it makes more dangerous so staying away from the metal is good

[Aonkhan532]

The bid-ask spread is the difference between the*price quoted by investors who want to sell a certain stock or asset (ask price) and those who wish to buy it (bid price). The bid/ask spread is the difference between the prices quoted by those investors who wish to immediately sell.

[sarry]

I think the spread of high gold because the gold market also has a high movement each day is then brokers make commissions or spreads are high because the potential for traders to earn profits will also be very good in this trade with gold trading

[Muhammad adnan]

Gold spread around 100 points and numbers that are different from the others, but also comparable to profit if you know about gold trading. excellence can be obtained great because of its fluctuating movements.....

[volatip]

because gold has high demand I think the spread is high because so many will buy gold because it will increase in the future but they never feel that prices will go down so low I think they will buy gold even with the high spraed they have but I want to choose the lowest spread broker and trade with them and Gold is more valuable and the most valuable thing in the world so the movement is very fast and the spread is large compared to other trading pairs. Gold trading is very profitable but risky because assessing the gold trend is very difficult.

[terangkanlah]

if we see the movement of gold in a larger time frame, we might think that gold is only about buying and buying, causing the graph to only show a rising graph, but if you turn TF into a smaller one, you will see the same pattern as the currency . it also contains high and low. Gold has a very slow but stable movement for the long term. For this reason, many traders choose not to trade gold. the more rarely a currency / commodity is traded, it will increase the spread .

[suntrung]

I think gold will be hit by a big spread because there are differences in gold spread around 100 points and numbers that are different from the others, but also comparable to profit if you know about gold trading. excellence can be obtained great because of its fluctuating movements. and Even though the spread is $ 1, you should note that Gold volatility can make the $ 1 spread a loss of $ 1000 if you are on the wrong side of trading. In the contest that I participated in a while ago, I traded gold and used 2 lot sizes and my account exploded because gold moved more than 5000 points in less than 1 hour.