How to Read a Spot Metal Quote? What is the Pip Value?

Reading a Spot Gold or Spot Silver quote is very similar to reading a FOREX quote. Quotes for Spot Metals are represented in the same way as quotes for currency pairs. Spot Gold traded against the U.S. Dollar is XAU/USD and Spot Silver t...

Introduction to Forex ④ -Spread-

Spread The term inter-bank prices are often discussed in FX terminology. As implied by the name this refers to the exchange of information or in this case live prices between banks and large institutions, these prices reflect the current...