Precious Metals
OTC Precious Metals: CFDs on Spot Precious Metals (Spot Metals)
Over the counter (OTC) trading on spot precious metals, contract for difference (CFDs) on spot precious metals, or simply spot metals, are financial instruments that allow traders to invest and take advantage of both prices moving up (going long) or prices moving down (going short) without having to pay for owning the precious metal. The trade is performed over the counter (OTC) similar to trading FX, which means the trading is done directly between the two involved parties and not via central exchange market.