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The commodity exchange varies from one country to another in terms of strength and the commodities that can be traded. For example, currently the Egyptian Commodity Exchange provides the ability to trade futures contracts for wheat only, but as for gold futures contracts, it is expected that contracts for this metal will be added during this world to be the second commodity available on this exchange.

The main advantage provided by investing in gold by purchasing futures Telegram Number Data contracts is protection from the risk of a decline in its price. Suppose you want to buy 100 grams of gold and receive it 6 months from now at an agreed upon price of $100 per gram. This means that you will receive gold worth $10,000 after 6 months, whatever its value at that time. For example, if the value of a gram of gold increases to become $110 per gram, this means that you paid $10,000 and received gold worth 11,000. Of course, if the value of gold decreases, you will suffer a loss, but futures contract mechanisms work to reduce its value in general. These mechanisms take into account the current price of gold and the factors that affect it.




Of course, for selling gold futures contracts, it works in the same way as selling for gain and loss. Gold futures contracts are traded for 100 ounces per contract, or the equivalent of 2.8 kilograms. The movement of the value of futures contracts is represented by points. Each movement of a point is equivalent to 100 dollars. In other words, if you buy gold and its point moves one movement upward, this means that its price has increased by 100 dollars, meaning that you have earned this amount and vice versa, of course. The following exchanges are the most popular exchanges where you can buy gold futures: London Metal Exchange COMEX of the Chicago Mercantile Exchange Tokyo Commodity Exchange The American NASDAQ stock exchange.