Earning Big Interest on XAU | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

The possibility of earning 3 to 5 pips a day 26 replies

Anyone try using XAU/USD - XAU/EUR as proxy for EUR/USD? 4 replies

FXCLUB swap earning 4 replies

Earning with Forex 15 replies

Earning the spread? 3 replies

Earning Big Interest on XAU

  • #1
  • First Post: Jul 14, 2007 12:49pm Jul 14, 2007 12:49pm
Is it possible to earn interest on XAU and XAG, as one does in the forex market as a carry trade e.g., usd/jpy etc?

Liz
  • #2
  • Oct 8, 2007 2:52pm Oct 8, 2007 2:52pm
Yes.
  • #3
  • Oct 9, 2007 4:30pm Oct 9, 2007 4:30pm
  •  Drphu
  • | Joined Feb 2007 | Status: Take2Trades and call me in Morning! | 31 Posts
Tobl,

All brokers I've charge interest for a trade in XAU or XAG, Long or Short are there some that pay interest? (Which one(s))

Thx,

Paul
"Make Life's Reality a Dream Come True!" DrPhu
  • #4
  • Oct 9, 2007 5:39pm Oct 9, 2007 5:39pm
yeah.. you will have to pay on a long and you would earn on a short.. I know northfinance pay for a short.. but the rate is very low. It might be better to go short on the gold future if you wanted to earn the interest.
  • #5
  • Last Post: Oct 10, 2007 6:46am Oct 10, 2007 6:46am
Quoting peterM
It might be better to go short on the gold future if you wanted to earn the interest.
How you do this? You get no interest paid holding a future position.

Drphu, oanda pays.
http://www.oanda.com/products/fxmath/interest.shtml
E.g. for 100 units and 24h, you earn 8.43 USD
0 traders viewing now