The seven leading industrial countries, being US , Germany, Japan, France, UK, Canada, Italy.
The purchase of a stock, commodity, or currency for investment or speculation.
The selling of a currency or instrument not owned by the seller.
A certificate of ownership that gold investors use to purchase and sell the commodity instead of dealing with transfer and storage of the physical gold itself.
The standard unit of trading gold is one contract which is equal to 10 troy ounces.
Gross Domestic Product
Total value of a country\’s output, income or expenditure produced within the country\’s physical borders.
Gross National Product
Gross domestic product plus income earned from investment or work abroad.
Good \’Til Cancelled Order (GTC)
An order to buy or sell at a specified price. This order remains open until filled or until the client cancels.