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’.

Silver Spot (5000 oz) vs US Dollar CFD •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.

Trade Forex, Commodities, Precious Metals, Energies and Equity Indices from 1 Account.