Commodities
Gold Price Slumps Below $4300 Amid Market Volatility
Markets.com reports that the price of Gold has fallen below $4,300. This development is significant as gold prices have been fluctuating in recent times. The current gold price is a drop from its previous levels.
The regulated exchange, Markets South Africa (Pty) Ltd, which operates through subsidiaries such as Safecap Investments Limited, issues a warning to investors regarding the high-risk nature of trading Foreign Exchange (Forex) and Contracts For Difference (CFDs). The Risk Disclosure Statement highlights the possibility of sustaining losses while trading on margin.
The Financial Markets Act no.19 of 2012 governs the operations of Markets South Africa (Pty) Ltd as an Over The Counter Derivatives Provider (ODP).