Markets +Risk management
- All
Markets
News Update
Seaerch
FALLS UNDER
Metals
MARKET OPEN AS OF Apr 26, 08:26 UTC
FALLS UNDER
Metals
XAUUSD
XAUUSD
?The symbol XAUUSD represents gold traded against the US dollar and serves as a symbol of stability in volatile markets. Frequently perceived as a safe-haven asset, it attracted investors who were seeking refuge during economic uncertainty. Until approximately 1500 BC, when Egypt's ancient empire reaped substantial benefits from its gold-bearing province, Nubia, established gold as the first recogn
The precious metals market governs gold-listed securities and transactions. In turn, trading in precious metals involves buying/selling physical gold, silver, or other valuable metals as futures contracts or CFDs with a defined expiration date.
Metals
Our happy investors are a testament to our shared success and growth
The maximum transaction size that can be opened on XAUUSD is 1000 lots.
No, XAU is not physical gold, but it is the ticker symbol for gold when it is traded on financial markets, particularly in forex and commodities trading. Gold-certified gold ingots or gold coins (XAU) issued by various countries, with a pure gold weight measured in troy ounces (oz) or grams (g).
Global economic conditions, geopolitical events, and market sentiment are among the numerous factors that influence the price of XAUUSD.
The XAU/USD trading pair represents the exchange rate between the United States dollar (USD) and the ticker symbol for gold, XAU. In other words, it represents the number of USD required to purchase one ounce of gold. The Latin word for gold is Aurum, while the letter X represents Index.
Optimize trading with our tools.
