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- Silver vs Australian Dollar Investing
Silver vs Australian Dollar - XAG AUD Trading
Silver AUD Description
Personal composite instrument called «&XAGAUD» reflects the price dynamics of silver against the Australian dollar. The base portfolio of this instrument is composed of 1 ounce of silver, and the quoted portfolio – 1 Australian dollar. The asset percentage content of the instrument is estimated based on the asset prices on the PCI creation date.
The trading instrument &XAGAUD is used for the analysis and trade of silver quoted against one of the major commodity currencies- the Australian dollar. The Australian economy depends heavily on mining and export of precious metals, particularly silver. Australia’s silver ore deposits (14%) and mined silver output (9%) rank it among the top 5 countries in the world in silver mineral deposits and production.
Structure
Parameters
Trading hours
Structure
| &XAGAUD | № | 자산 | Volume / 1 PCI | Percentage | Volume (USD) / 1 PCI | Unit of measurеment |
|---|---|---|---|---|---|---|
| Base part | 1 | XAG | 1.0000 | 0.020 | 16.7300 | oz |
| Quoted part | 1 | AUD | 1.000 | 0.0000 | 0.7800 | AUD |
Parameters
| Standard | Beginner | Demo | |
|---|---|---|---|
| 고정스프레드, 핍 | |||
| Floating Spread, pip | |||
| 주문거리, 핍 | |||
|
스왑, 핍 (롱/숏) | |||
|
이용가능 볼륨 | |||
| The value of 1 pip in USD for the Vol |
Trading hours
| Week day | 거래 시간 (CET, 중앙유럽표준시간) | 현지 거래 시간 |
| 월요일 | 00:00 — 24:00 | 00:00 — 24:00 |
| 화요일 | 00:00 — 24:00 | 00:00 — 24:00 |
| 수요일 | 00:00 — 24:00 | 00:00 — 24:00 |
| 목요일 | 00:00 — 24:00 | 00:00 — 24:00 |
| 금요일 | 00:00 — 22:00 | 00:00 — 22:00 |
| Saturday | — | — |
| Sunday | — | — |
To trade PCI instruments offered exclusively by IFC Markets, you need to open a free account and download the NetTradeX platform.
