Gold price dropped $25 yesterday
Spot gold declined $25 yesterday, after announcement that IMF is selling gold to boost its income and that US Congress may support sale. This raises fears that such sales will take a toll on sentiment and weigh heavily on bullion.
Windsor Brokers offers its clients the facility to trade Spot Gold on margin basis. One lot of Gold is worth $93,000. To trade one lot of Spot Gold you need only $1000 Margin.
The recent $25 or 2500 pips loss is equivalent to $2500 profit per Lot of Gold and gives return on investment of +/- 250%
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