Gold vs US Dollar
XAUUSD
Pricing is indicative. Past performance is not a reliable indicator of future results. Client sentiment is provided for general information only, is historical in nature and is not intended to provide any form of trading or investment advice - it must not form the basis of your trading or investment decisions.
Trading Conditions
ATP Margin
0.002
Contract Size Currency per 1 Lot Symbol
100 Oz
Min/Max Trade Size (lots)
0.01 / 20
Schedule and Fees
Market Open
Monday 01:01 MT Server
Market Closed
Friday 23:58 MT Server
Trading Break
23:59 - 01:01 MT Server
3 Day Financing
Wednesday
Long & Short Position Overnight Fee
displayed on the trading platform
FAQ
For those new to the metal markets, the XAUUSD refers to the current exchange rate between gold (XAU) and the US dollar (USD), indicating the cost for a single ounce of gold in USD.
In ticker terms, the XAU meaning comes from the "X" prefix (which stands for "Index") and "Aurum" (the Latin word for gold). XAU is also the standard symbol used to quote gold against other major currencies, including the euro (XAU/EUR), British pound (XAU/GBP), and Swiss franc (XAU/CHF).
Gold is a precious metal valued throughout history for its appearance and scarcity. Once used primarily for jewellery and ornaments, it is now also used in electronics, medicine, and even fine dining.
Gold is extracted through a costly mining process, and unlike commodities such as oil, it is not consumed after a single use. Newly mined gold adds to existing supply, while much of the gold already produced remains in circulation and can be recycled.
Historically, gold also played a central role in the monetary system through the gold standard, where paper currency was redeemable for gold. While currencies are no longer pegged to gold, many central banks still hold it as a liquid reserve asset. In modern markets, XAUUSD is the primary safe-haven asset. Traders rotate capital into gold during geopolitical or economic instability to hedge against risk.
