Chat with us, powered by LiveChat XAGUSD - Silver Spot vs US Dollar - Traders Trust

Trade SILVER with us

Join those who have already recognized the best trading conditions

MARGIN TRADING INVOLVES SIGNIFICANT RISK TO YOUR INVESTED CAPITAL

Change 0.45% Raw spread
Low 29.452 High 29.798
Swap Long -6.6 Swap Short 2.33
Minimum Volume in Lots 0.01 Leverage 1:10
3-day SWAPs Wednesday Margin requirement 10%
Commission per lot (single side)
CLASSIC $0  PRO $3  VIP $1.5
Trading hours and server time
Open Monday 1:02   Close Friday 23:58  Server time GMT+3

Daily break 00:00-01:00

Instruments Bid Ask Change
EURUSD SELL BUY -0.18%
GBPUSD SELL BUY -0.05%
USDJPY SELL BUY 0.29%
GBPJPY SELL BUY 0.30%
XAUUSD SELL BUY 0.45%
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About

XAGUSD

Silver is a precious metal that has enjoyed a variety of uses through its history. It has notably been applicable as a form of jewelry, silverware and currency. The metal is extracted from an ore usually of copper, gold and zinc. Silver as an investment is available in many different forms, including paper silver and silver bullion. The prices of silver are largely followed in the financial markets around the globe. Many investors are constantly seeking safe assets amid an increasingly unstable political backdrop and volatility in the stock market.

The price of silver just like other precious metals is driven by current events, market speculation, currency fluctuations, supply and demand as well as buying power. Over the years, the prices have exhibited volatility because of lower market liquidity, and demand fluctuations between industrial and store of value use. Staying current with the changes in spot price is crucial to ensure investors make moves based on the most up-to-date market conditions. The silver spot price is usually quoted in U.S. dollars (USD) hence the abbreviation, XAGUSD.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on ‘margin’ carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any of these markets you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full ‘General Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.

TRADE RESPONSIBLY: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.

ADVISORY WARNING: In case TTCM CY provide references and links to selected blogs and other sources of economic and market information as an educational service to its clients and/or prospects, opinions or recommendations of the blogs or other sources of information are not endorsed. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and it is advisable for the clients to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice.

LICENCES AND AUTHORISATIONS

TTCM Traders Trust Capital Markets Limited (herein "TTCM CY") is a Cyprus Investment Firm incorporated under the laws of Cyprus, has its principal place of business at 3 Thalia Street, Office Number 310-318, 3rd Floor, 3011, Limassol, Cyprus and is registered with the Registrar of Companies in Nicosia under the number: HE 250591. TTCM Traders Trust Capital Markets Limited is regulated as a Cyprus Investment Firm (‘CIF’) by the Cyprus Securities and Exchange Commission (‘CySEC’) under the license number 107/09 and operates in accordance with the Markets in Financial Instruments Directive II (‘MiFID II’) of the European Union.

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Trade Responsibly: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.