Capitalize on The Rise of Gold Now With Binary Options!

BinaryOptionsNow | Published on August 22, 2011 at 1:43 pm

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BinaryOptionsNow – Amid the ongoing turbulence in the global financial markets, Gold is being viewed as a safe haven for investors and has become one of the most traded assets in recent months. Indeed, Gold has rallied for the 6th day straight climbing to an all-time high as the US and EU debt crises continue to exert pressure on investors to flock towards safer assets.

Gold gained 1.5 percent to reach the price of $1,879.05 an ounce, but the commodity is already up 16 percent in August, heading for its best monthly performance since September 1999.

All veteran Binary Options traders, as well as those interested in learning how to trade Binary Options, should take note – the current economic conditions provide an excellent opportunity to profit from Binary Options!

Given the ongoing deterioration of the global economic environment and the forecasts of a slow recovery in industrialized countries, investors around the world are searching for ‘safe haven’ assets in which to store their money, therefore both Gold and the Swiss Franc have become top trading assets in the past few months and both are expected to keep rising in the near future. Those wise enough to take advantage of this trend while it lasts, can capitalize on the market conditions to generate strong trading profits.

Just take a look at the chart below, to see the phenomenal rise of Gold over the past 12 months from 1220 USD/oz to 1880 USD/oz.

 

How To Take Advantage Of The Rising Price of Gold with Binary Options

In order to capitalize on the rapid gain of the Gold markets, it would be a good idea to begin trading Gold on the Binary Options markets as soon as possible – after all no one knows how long the “Gold Rush“ will last so the sooner you can cash in on the market the better. To all you newbies out there, if this is your first time trading Binary Options, the first thing you need to do is sign up for a trading account. To make life easier for you we have gone through all the major Binary Options brokers and compiled a list of the top two Binary Options brokers with the best payouts and the best starting bonuses, which are the two most important things you should look for when you open a new account. We decided to recommend two different brokers because we wanted to recommend one broker for new traders, who may want to start by using a demo account, and another for more veteran traders, who may need more advanced trading tools and options. As you will see below, we unanimously agreed that OptionBit is by far the best broker for new traders, while OptionFair is the best broker for more advanced traders.

  • OptionBit.com is by far the best place to start for new traders. OptionBit offers a great demo account that allows new traders to try their hand at trading without investing real money, they offer some of the best starting bonuses in the industry and they offer impressive on three types of Binary Options: Range, Above/Below and Touch options.

 

  • OptionFair.com is an excellent fit for the more experienced trader, since they offer a strong combination of high payouts and advanced trading platforms. In fact, Optionfair’s remarkable 85% payout rate is the highest payout rate off all Binary Option brokers! In addition, OptionFair also offers a 10% refund on losses – so for serious traders interested in maximizing their profit potential Optionfair is  clearly the best choice.

 

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