Historically, shares and gold are considered opposites. When stock markets rise, the price of gold tends to fall, and vise versa. This has mainly to do with gold’s status as a 'safe haven' (i.e. a financially stable asset) when compared to stocks which are seen as more volatile.
However, when trading gold and shares using leveraged CFDs, the differences between these assets are not so substantial.
Plus500’s leverage ratio for trading gold CFDs is 1:20, meaning with as little as NZ$200 you can gain the effect of NZ$4,000 capital. For a list of all our commodities, click here.
The leverage ratio available for shares CFDs is 1:5. For a list of all our shares, click here.
In addition, please note that as a CFD trader you do not actually own the underlying asset, but rather you are trading on the expected changes in its price, in the form of a Buy or Sell position.