Gold vs Russian Ruble - XAU RUB Trading

Gold vs Russian Ruble Investing

Type:

PCI

Instrument : &XAURUB

Status: Closed Trading
Change:
Prev. closing
Open price
Today, max.
Today, min.

Gold Ruble Description

The personal composite instrument «XAURUB» reflects the price dynamics of gold against Russian ruble. The base part of this instrument is composed of 1 ounce of gold, and the quoted part – 1 Russian ruble. The asset percentage content of the instrument is estimated on the basis of asset prices on the instrument creation date.

The trading instrument &XAURUB is used for the analysis and trade of gold quoted against Russian ruble. A considerable part of official reserves in Russian economy are held in gold.

Start trading with IFC Markets

Created by professionals for professionals
Use these instruments for analysis and trading
Available exclusively in IFC Markets

Structure

Parameters

Trading hours

Application field

Structure

PCI Components and their volume
Swipe table
&XAURUBAssetVolume / 1 PCIPercentageVolume (USD) / 1 PCIUnit of measurеment
Base part1XAU1.00001.2001197.0100oz
Quoted part1RUB1.0000.00000.0200RUB

Parameters

PCI main trading conditions
Swipe table
The volume to calculate Swap and 1 pip value
1
The size of 1 pip
0.1
Margin in USD for the volume and leverage of 1:100
13.39 USD
Creation date
2014-12-19
StandardBeginnerDemo
Fixed spread, pip 181818
Floating Spread, pip 181818
Order distance, pip ---
Swap (long/short) in pips on Vol -18.175 / 4.958-18.175 / 4.958-18.175 / 4.958
Available
volumes
>=10.00 1.00 – 78.61 >=1.00
The value of 1 pip in USD for the Vol 000

Trading hours

PCI active trading hours
Week dayTrading hours (CET)Local trading hours
Monday 00:00 — 24:0000:00 — 24:00
Tuesday00:00 — 24:0000:00 — 24:00
Wednesday00:00 — 24:0000:00 — 24:00
Thursday00:00 — 24:0000:00 — 24:00
Friday00:00 — 22:0000:00 — 22:00

Application field

How can PCI be applied in trading?

The personal composite trading instrument &XAURUB is used for trade and dynamics analysis of gold vs Russian ruble, as well as multi-year comparative analysis of gold vs. other currencies. For example, by building a percentage chart in the NetTradeX terminal for 5 instruments which quote the price of gold in various currencies - XAUUSD, &XAUJPY, &XAUJPY, &XAUCNH and &XAURUB (Fig.1 ), it is evident that during the recent year gold advanced against ruble, rising gradually at first and then proceeding to climb sharply starting from July 2014, while at the same time retreating a little bit against other currencies.

Gold vs Russian ruble

Traders, whose main assets and investments are denominated in rubles, will be comfortable trading this PCI.

Limit volumes (USD) for base and quoted parts = 100000.00 ; 100000.00.

To trade PCI instruments offered exclusively by IFC Markets, you need to open a free account and download the NetTradeX platform.

Start trading with IFC Markets

We are ready to support you with any kind of questions, 24 hours a day.