By Sums on Thursday,
Dukascopy Introduces new Gold accounts,
Dukascopy create new accounts denominated gold XAU. Clients may open auto-dealer and current accounts in non-deliverable gold.
Swiss brokerage Dukascopy Bank recently announced the introduction of a new currency of reference for all its customers in Switzerland. Account holders may can open gold (XAU) as an alternative to fiat money and use gold can not deliver on their accounts as collateral for margin with the broker. Dukascopy Introduces new Gold accounts Dukascopy Bank said gold accounts are an alternative to buying physical gold. The benefits of investors holding gold without the need to physically store and while offering attractive exchange rates when its Dukascopy called XAU account is funded or retired. According to the official announcement by Dukascopy, funding and withdrawing a gold account it can be executed in a number of currencies. The complete list follows: USD, CHF, EUR, GBP, JPY, AUD, CAD, DKK, HKD, MXN, NOK, NZD, PLN, RUB, SEK, SGD, try or ZAR.