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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
 Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

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Gold stuck in range as oil holds steady

Gold prices are still going nowhere, while oil’s rally remains intact for the time being.

Source: Bloomberg

Written by

Chris Beauchamp

Chris Beauchamp

Chief Market Analyst

Publication date

Gold

Gold continues to bounce along around $1775, with little sign of a break higher above $1790. By contrast, the sellers are unable to drive the price below $1765, leaving it stuck in a range.

Source: ProRealTime

WTI

Oil's gentle climb continues, with no sign as yet of a retracement. This week’s OPEC (Organization of the Petroleum Exporting Countries) meeting could be a key moment for the ongoing rally, but for now the rally is still intact, supported by a rising trendline from late May.

Source: ProRealTime

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1In the case of all DFBs, there is a fixed expiry at some point in the future.

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

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