Why there is big spread in Gold?

[salak]

Gold trading requires substantial capital, in addition to larger spreads than currency pairs.
Gold is the most traded commodity, because the price is high and tends to increase.

and the multiple profit potentials make this commodity attractive to traders as well.

[Aliakbar2016]

gold ek big kisam ka pair ha is liye is ki movement bohat zaida tezz hotey ha and yahi waja ha is ma spread kafi zaida high be hota ha lekin gold ma account wash honey ka be kafi zaida khatra hota ha is liye choty capital se is ma trade na ki jae

[gagal]

If we look at the movement of gold in a bigger time frame, we might think gold is just about buying and buying,
because the charts only show the charts go up, but if you turn the TF into a smaller one,
you'll see the same pattern as the currency has. 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 in gold.
The more rare a currency / commodity to trade, the more spreads. Thus, large spreads not only occur
in gold but also for all currencies and commodities that do not have an active trading session.

[tresemey]

Gold is an endless natural resource, so it's no wonder the price will always go up and there is no intention to go down.
The more rare in the market the more expensive the price. And the big spread of gold is because brokers want to protect their interests,
because many traders already know that gold always goes up. So it is easy to predict where the gold will move.
By applying large spreads, traders, especially new ones who do not know the characteristics of gold will prefer not to enter the market.

[koreanfx]

Because gold is a more valuable asset in forex than currency and more expensive to buy.
Trading in currency only takes a few dollars but tradinIg in gold requires some good amount in your trading account.
Also note that gold is the main asset.
Among the rest traded on the forex market.
i also like gold trading but unlike currency pairs are also more risky to trade.

[Mohamedmossa]

The answer is simple , the gold is not a currency it is an independant open market and it various from each contry but it is the same allover the globe .. it is an essensial good and everybody deal with it so the forex companies take a large spread on it in order to that

[garrysidhu]

hmm forex me bari spread ke sath ashi trade kr skte hein forex ek esa business he jisme hmm agar chahe to hardwork and knwledge ke sath success ho skte hein forex mera favrout online business he bhai me isko manta hun

[aiglblanc]

I personally don't trading into gold because the spread is high and his movements are very fast and dangerous. And I have many friends who lost their money because of it. And I don't recommend beginners to trade it.

[ibrahimneffati]

gold is considered one of the best for trading in forex because it is very important and all the world deals with this precious mausoleum best trade now gold is not what is better

[kashi93]

Gold ka spread ziada hota hai. iski ik waja to ye hai k daily basis per iski movement ziada hoti hai to log ziada profit bna sakty hain isliye spread ziada rakha jata hai. 2nd ye k bohat log Gold per trade karna pasand karty hain.