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Gate Adds Precious Metals, Forex, Stock CFDs, Indices and Commodities Trading

According to the official announcement, Gate now offers direct trading of multiple traditional asset classes on its app and web platform, while market data showed gold at $4,816.90 per ounce and silver at $79.501.

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Summary

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Terms & Concepts
  • CFDs: Contracts for difference are derivatives that let traders speculate on price moves without owning the underlying asset.
  • Forex: Foreign exchange trading involves buying and selling currency pairs in the global currency market.
  • Indices: Market indices track the performance of a group of assets, such as stocks or commodities, as a benchmark.