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Forex broker IBFX Australia, an affiliate of the Interbank FX Group of companies headquartered in Sydney today, publicized the launch of their gold and silver CFD contracts through its MetaTrader 4 trading platform. Recognizing the keen demand for gold and silver, IBFX has permitted traders to chart and trade these two precious commodities in conjunction with their preferred currencies.

Alex Douglas, Managing Director of IBFX Australia, expressed its dedication to answering the requirements of their international clients by adding gold and silver contracts to their bank of existing forex trading services. IBFX’s advanced trading technology offers the very best online trading services to individual traders, money managers and institutional customers. The forex trading company’s remarkable commitment towards customer care reflects its status in the market.

The recent economic crisis alongside the dawn of online trading has brought a considerable volume to the gold market. Though gold trades at $1,500 per troy ounce, traders are still attracted to the metal as they diversify their portfolios into intrinsic assets.

Raghee Horner, a chief currency analyst for IBFX, conveyed his amazement at the relationship that gold and silver share with some currencies. Australia is the third-largest producer of gold, which has an imperative influence on the AUD-USD and NZD-USD relation. Having the power to chart precious commodities next to currencies is vital in my trading said, Horner.

The new gold and silver contracts available from IBFX Australia permit traders to buy and sell up to 10,000 ounces of silver and 200 ounces of gold per transaction. Existing traders can access these offerings from their IBFX Australia account, while those new to IBFX can open a free non-expiring demo account and learn how to start trading gold and silver.