Do you actually know anything about gold and oil trading? Or are you just looking for high-priced clicks?
i will recommend you gold trading because its prices always increase but sometimes it push back. I earn 10 lacs past 6 months from gold trading by getting commodity tips from reputed advisory company.
i got advice from Fxstay Team , they said: gold trading is better than oil trading but forex trading is much better however its too risky , but if u want choose between oil and gold , gold is better
Gold, oil, forex, grains, indexes, and many other commodities, all of them are good for trading, but all of them are specific, have specific moves, and depend on themselves. No one is better than other. If you want make money in trading, you must choose one market and study its moves, make backtests...
Though prices fluctuate all the time, I would still prefer gold over oil. Both may be globally appealing investments, still gold scores over oil on many parameters. First, oil can at times come out depleted. However, gold is always available in one form or the other. There have been a lot of official studies on these where proper graphs have been drawn to compare the performance of both gold and oil over the years as viable investments. Studying these would make the picture clearer as to which one is the best possible choice one should finally embrace to put money in!
i suggest you for Oil Trading! but it's up to you I see many people suggest you.. what you think ? huh?
Gold is an investment, oil is a sale. If you want money now, you sell oil. If you want to watch your investment potentially grow into something big, you buy gold and watch it's value go up/ Of course, you always run the risk of gold depreciating in value, but people will always need oil, so oil is the safer option.
I would say oil for this reason. Iran's government just sanctioned a failed terrorist attack against the Israeli and Saudi embassies in the U.S. But don't think for a second that that's the end of it. They're going to try something again. And when that happens, all hell is going to break loose and I guarantee that when it does, the price of oil will go up. We all know, or at least I hope that we all know, how wars and conflicts, especially those that occur in the middle east affect the price of oil. With as much oil as the Saudi's control, if there is some kind of conflict between Iran and the Saudi's that the U.S. gets involved in then the price of oil could skyrocket.
To be honest like everyone has been saying, prices for both are very unstable at the moment so i would wait a while and wait for them to level out and then go buying shares