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Gold account

Gulf FX offers the most sorted gold accounts in which all the gold account holders shall have their balance, profit/loss plus other information valued in corresponding gold. The trading on this account will much be same as those in currency accounts. In order to start this account, the client is required to have a minimum deposit of $10,000. The base currency used here in standardized units is GLD and pair of GLDUSD is referred to as 0.001 of the spot price from an ounce of gold to corresponding US dollar. In reference to US dollar or euro and regard to market price of gold, it’s easy to calculate GLD. When a customer makes deposits to their Gold account, they are converted to GLD from where the clients can access a broad range of options available for standard currency.

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