Local Singaporean firm GoldSilver Central has embraced technology with the launch of an electronic trading platform for physically-backed gold, silver and platinum. Will it resonate with investors?
GoldSilver Central has officially launched GSC Live! on the widely popular MetaTrader 4 platform, providing investors with the ability to buy and sell their precious metals holdings anytime, in SGD or USD, based on the current spot prices with narrow spreads.
Low Entry Level
MetaTrader 4 is an advanced leading online trading platform that enables investors to apply charting and analytical features and strategies to their investments. This platform is easily accessed via mobile or desktop applications.
With GSC Live!, customers are able to purchase physical precious metals at low entry levels and narrow spreads. The minimum contract size in ounces for Gold and Platinum is 1/10oz. For silver, investors are able to buy as little as 5oz instead of the available «mini» contract sizes of 1000oz.
Uncertain Economy
When customers decide for physical delivery, they are given the choice of London Bullion Market Association (LBMA) Good Delivery Gold, Silver and Platinum bars and coins. For example, after a customer purchases 1oz worth of Platinum on GSC Live!, they are given the option of taking home a Valcambi 1oz.
«Physical precious metals have been a traditional asset class for generations. We hope that now with GSC Live!, more investors can have increased profitability when managing their precious metals investment portfolio especially in today's uncertain economy,» said Brian Lan Managing Director of GoldSilver Central.
