Dubai has suffered a meltdown in 2009 because of the economic recession, the
emirate has been seeing a significant rise in volumes of trades indicating its
rebound from its biggest financial crisis. Dubai’s economy, which contracted by
2.4% in 2009 is anticipated to expand by as much as 5% this year, as stated by
been said about the potential of Forex trading as an online business whether in
Dubai UAE or other parts of the world. In fact, it could be the most lucrative
online business around provided that a trader has enough knowledge and
trading in Dubai can be done physically through many brokers’ physical delivery
service, there are several reasons why trading online is preferred by most
traders. Below are the major ones:
One of the most difficult tasks when it comes to getting started
in Dubai Forex trading is choosing a Forex broker. There are numerous brokers
out there that it can be confusing to find out which are the legitimate ones
and those that are only here to rip people off. While in the process of
choosing a Forex broker, it is important that you have the diligence to learn
as much as possible to confirm that a broker is legitimate. The one you choose
should be the most appropriate for your requirements depending on your trading
knowledge and experience.
Below are some of the things you need to do when evaluating a
In these economic uncertainties, a
number of investment experts recommend investors to diversify their assets into
other financial instruments. And one of the most recommended types is the
There are different ways to trade
precious metals other than the traditional method of buying and selling them.
These include spot trading, futures, Exchange Traded Funds (ETFs) and
certificates. Metal trading in Dubai is a speculative industry. If you have
been trading currencies for a while now, then the concept of metal trading
shouldn’t be difficult for you.
in Gold in Dubai
Online gold trading in Dubai is one of the top choice for investors and people who want to stick with perfect rising stock.When it comes to investing in
precious metals, gold is the most highly favored one. This has long been
considered as a financial insurance in times of currency debasement, political
turbulence and economic uncertainties. Perhaps the most convenient way to trade
gold is through spot trading where it is done through a trading platform
provided by a Dubai Forex broker. In this type of trading, gold is traded against the
dollar currency and does not require the physical purchase or sale of the
The commodities market had always made a great impact on
nations and people since the past ages. This market is one where raw or non manufactured products are exchanged. Raw commodities are dealt on commodity
exchanges that have been regularized and are then purchased or sold according
to the standardized contracts.
The modern commodity markets trace back from their
traditional roots in the trading of agricultural products. Corn, rice, wheat,
pigs and cattle were widely utilized as standard trading instruments in the 19th
century in the US. There are also other foods like soybeans that were used for
Today, commodities are being pursued by investors around the
world because of their stable characteristic. They are constant and do not
change in quality.
There are various categories in the commodities market
namely energy resources, precious metals and agricultural products.
Gold trading in Dubai is rising as more people are coming into online venture to trade this high profit profit offered by Dubai Forex brokers.Gold in GCC countries including Dubai, and other parts of
the world has long been regarded as the most sought after precious metal
because of its natural beauty, robust nature and rarity. In the ages past, gold
has been used as a universal currency until paper currencies were brought into
circulation. This was also used as means of financial exchange making gold a
good way to hedge currencies in times of economic uncertainties.
Since the global recession, conventional investments such as
stocks and others are no longer as stable as they used to be. Additionally, the
interest rates have plummeted and the value of dollar and Euro has also sunk
badly. As a result, many investors have turned towards gold as a way to protect
themselves against the global economic downturn. Needless to say, gold prices
are expected to rise in 2012 and continue all the way up to into 2014 because
of its rising demand.
Many financial experts recommend investors today to allocate
their assets into gold. Indeed, now is the right time to invest on this
precious metal as the prices will climb up in the following year.
Spot Gold Trading
So how do I invest in gold, you may ask? You’re probably
thinking that you’re going to need to buy the physical metal and arrange for
its storage. But while that traditional method still exists today, there is a
more convenient way you can invest in gold and that is through spot trading.
Spot gold trading is basically trading gold against dollar.
It is pretty much similar with Forex trading but the difference is, you are
trading gold with dollar instead of another currency. A number of Forex
brokerage companies today offer spot gold trading. All you need to do is find a
reputable Forex broker and open up an account with it. Make sure you do some
research first before choosing one as there are numerous choices out there.
Now, before you actually invest your hard earned money in
spot gold, it’s important that you have fully grasped how it works and what are
the factors that affect gold prices. Some of those factors include changes in
exchange rates, the supply and demand of gold, global political situation,
global economic situation and the interest rates. Judging from these factors,
it’s clear to see that you need to always keep yourself updated with the news
updates and economic reports before you make any trading decision. About Me
From the prices of filling up our
autos to grocery costs, plane tickets, heating costs and even medicine among
other things, a lot of people are not aware of how the rise of oil prices
impact their wallets.
And while oil has an indirect affect
in our lives, it is also a commodity that can be used to make money. While it
doesn’t claim to have a large share of daily trade volume like the massive
Forex market, it certainly provides some substantial profits for savvy
What Impacts Oil Prices?
The price of oil usually depends on
the supply and demand. Simply put, if the demand for oil is higher than the
supply, then the price will rise. In the same way, if the supply of oil is
higher, then the price goes down. If you have even a basic idea of economics,
then you probably understand this concept.
According to the International
Emergency Agency, the global demand for oil would slowly accelerate all the way
through 2012 from close to zero to growth
in the Q1 to an increase of 1.2 million barrels per day by the Q4.The increase
in oil demand is driven by emerging market economies. Another factor that
affects oil prices is the current supply in terms of output, as outlined by the
Organization of Petroleum Exporting Countries (OPEC)
demand specifically in the US, the world’s largest consumer of oil, is another
major factor that affects oil prices. The weekly petroleum status report is
given out every Wednesday at 10:30 AM, New York time. This reports how much oil
is currently stored in the strategic reserves in the US.
Apart from supply and demand,
investor speculation has a large effect on the oil prices as well. These
investors bid on oil derivatives. Not only investors but also financial institutions
such as banks also participate in oil trading as they hold commodity linked
investments in their asset allocation strategies. There are traders who trade
oil for short periods to make quick profits while there are also those who do
long term (multi-year) speculative trades.
There are several brokerage
companies in Dubai and other parts of the world that offer oil/gas products for
investing. The most popular type being offered is the oil futures. Oil futures
are basically agreements to buy or sell oil at an agreed price on a future
date. Futures involve speculating on the market prices and basing one’s
decision on the supply and demand of oil.