With an overall weakening dollar, traders are looking towards investment in gold and silver, which generally maintain an inverse relationship with the greenback.

With the introduction of precious metals’ trading on CMS’s proprietary trading platform, VT Trader, traders can utilise the same robust technical analysis tools, advanced charting capabilities, and intuitive interface as with standard currency trading. Traders will also be able to take advantage of the high degree of leverage, hedging capabilities, quality execution, and 24-hour commission-free trading they currently enjoy when trading forex. 

“With gold and silver, clients can diversify their trading strategies using the same familiar trading platform they rely on for currency trading,” said Damien Francis, Chief Executive Officer of CMS Forex UK. “Gold is considered a safe-haven asset in the current economic recession, and it has recently hit an historic high of $1226 an ounce, making it one of the most desirable investment options.”

As well, the London-based brokerage firm has added as many as fourteen new currency pairs, with the introduction of the Danish krone, Polish zloty, Turkish lira, Norwegian krone, Swedish krona, and others.

To find out more about trading gold and silver with CMS Forex UK, please visit www.cmsfx.co.uk/en/forex-trading-services/gold-silver/

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