Gold Trading (XAU/USD) Online Gold Trading (XAU/USD)

"Gold Is money, everything else is credit" J.P. Morgan, 1912

All the gold ever mined in our world totals about 170,000 metric tons. At XAU/USD $1,200 per troy ounce, 170 thousands of metric tons of gold worth $6.5 trillion or else 8.5% of the world's nominal GDP.

Symbol: XAU/USD | XAU/EUR

Organization: World Gold Council Visit)

Annual Demand: about 4,250 tons

Total Supply: 170,000 tons (worth 6.5 trillion USD)

Mining: 2,500-3,000 tons are mined each year

 

 

The Aggregate Demand for Gold

The global demand for Gold can be divided into five (5) major categories:

(1) Jewelry (45.0%)

(2) Investment Gold (35.0%)

(3) Central Banks (10.0%)

(4) Technological Applications (7.0%)

(5) Other Demand for Gold (3.0%)

Chart: Gold per World's Population

Gold per World's Population

Gold Total Production

This is a list of Countries ranked by their gold production in metric tons (as for 2014).

Ranking

Country

Gold Production (metric tons)

1

China

450

2

Australia

274

3

Russia

247

4

The United States

210

5

Canada

152

6

 South Africa

152

7

Peru

140

8

Mexico

118

9

Uzbekistan

100

10

Ghana

91

11

Brazil

80

12

Indonesia

69

 

Historic Agreements Regarding the Role of Gold

There were four major International Agreements between 1834 and 1999:

1. US Gold Standard Act. (1834-1933)

2. Gold Standard Rule (1914-1933)

3. Bretton Woods Fixed Rate System (1946-1971)

4. Washington Agreement on Gold (1999)

 

World Countries Ranked by their Gold Holdings

Gold has been used as a 'safe haven' for thousands of years. These are the holdings of the top Gold-Holding Countries (data from the World Gold Council):

(1) The United States of America Gold Holdings 8,133.5 tons | Gold Value: $404.3 billion | Gold % of Foreign Reserves: 76%

(2) Germany | Gold Holdings 3,378.2 tons | Gold Value: $167.9 billion | Gold % of Foreign Reserves: 69.9%

(3) Italy | Gold Holdings 2,451.8 tons | Gold Value: $121.9 billion | Gold % of Foreign Reserves: 69.4%

(4) France Gold Holdings 2,435.8 tons | Gold Value: $121.1 billion | Gold % of Foreign Reserves: 65.4%

(5) China  | Gold Holdings 1,823.3 tons | Gold Value: $90.6 billion | Gold % of Foreign Reserves: 2.3%

(6) Russia | Gold Holdings 1,498.7 tons | Gold Value: $74.4 billion | Gold % of Foreign Reserves: 16.2%

(7) Switzerland | Gold Holdings 1,040 tons | Gold Value: $51.7 billion | Gold % of Foreign Reserves: 6.7%

(8) Japan | Gold Holdings 765.2 tons | Gold Value: $38 billion | Gold % of Foreign Reserves: 2.6%

(9) The Netherlands | Gold Holdings 612.5 tons | Gold Value: $30.4 billion | Gold % of Foreign Reserves: 63.3%

(10) India | Gold Holdings 557.8 tons | Gold Value: $27.7 billion | Gold % of Foreign Reserves: 6.5%

(11) Turkey | Gold Holdings 474.4 tons | Gold Value: $23.6 billion | Gold % of Foreign Reserves: 16.5%

(12) Taiwan | Gold Holdings 422.7 tons | Gold Value: $21 billion | Gold % of Foreign Reserves: 4.0%

(13) Portugal | Gold Holdings 382.5 tons | Gold Value: $19 billion | Gold % of Foreign Reserves: 71.3%

(14) Saudi Arabia | Gold Holdings 322.9 tons | Gold Value: $16 billion | Gold % of Foreign Reserves: 2.3%

(15) The United Kingdom | Gold Holdings 310.3 tons | Gold Value: $15.4 billion | Gold % of Foreign Reserves: 9.3%

 

Comparing Gold Traders

Here is a basic comparison between regulated CFD providers offering high safety of money (Providing segregated client bank accounts and have been on the market for at least 5 years).

CFD PROVIDER

PRECIOUS METALS

PLATFORMS

ACCOUNTS

WEB-SITES

XM

XM (XeMarkets)

Asset Classes:

· Forex

· Commodities

· Metals

· Energy

· Indices

· Gold

· Silver

· Palladium

· Platinum

-Offers also:

 

+GOLD FUTURES

(CFDs on Futures)

■ Web Trader

■ MetaTrader4

■ MetaTrader5

SCALPING: YES

$50 minimum deposit

 

 

LEVERAGE:

1:30

WEB-SITE:

► XM Web

  • $30 No-Deposit Bonus
  • 50% Credit Bonus

XM Review

FXCC

Asset Classes:

· Forex

· Metals

· Indices

· Gold

· Silver

 

■ MetaTrader4

■ Sirix WebTrader

■ Mobile Traders

SCALPING: YES

$100 Minimum Deposit Amount

BONUS:

30-100%

LEVERAGE: 

1:300

WEB-SITE:

► FXCC Web

  • 100% Credit Bonus
  • Free VPS

FXCC Review

HOTFOREX

Asset Classes:

· Forex

· Commodities

· Metals

· Energy

· Shares

· Indices

· Gold (USD)

· Gold (EUR)

· Silver

· Palladium

· Platinum

· Copper

 

CURRENEX MARKET

■ MetaTrader4

■ WebTrader

■ Mobile Traders

■ PAMM Trading

SCALPING: YES

Free VPS Server for deposits of more than $5,000

$5 Minimum Deposit

$500 for the CurreneX Account (very good terms)

WELCOME BONUS:

40-100%

LEVERAGE: 

1:1000

WEB-SITE:

► HotForex Web

  • 100% Cash Bonus
  • Free VPS

HotForex Review

DUKASCOPY

Asset Classes:

· Forex

· Commodities

· Metals

· Energy

· Indices

· Gold on Spot

· Silver on Spot

SWISS FOREX MARKET (SWFX)

■ Jforex Platform

■ WebTrader

■ JavaTrader

■ Mobile Traders

■ PAMM Trading

SCALPING: YES

 

$100 Minimum Deposit Amount

WELCOME BONUS:

10% under a policy

LEVERAGE: 

1:300

WEB-SITE:

► Dukascopy Europe

  • 10% Equity Bonus
  • Plus 30% Rebate for the 1st month (rebate link above)

Dukascopy Review

 

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COMPARE CFD / Forex Brokers      
CFD / FOREX REVIEWS XM Review HotForex Review FXCC Review Dukascopy Review
CFD TRADING Forex CFD ► Shares CFD Index CFD  

 

 

Trading Gold Online (XAU/USD)

CFDagent.com

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