XAU

Gold

XAU is the ISO 4217 code for gold, typically representing one troy ounce. It is used in trading and financial reporting for precious metals.

Gold is not a legal tender currency but is widely used as a store of value and commodity benchmark. XAU pricing is commonly quoted against USD. Related precious metal codes include XAG, XPD, and XPT.

Related Terms

USD

United States Dollar

USD is the official currency of the United States and its territories. It's the world's primary rese...

XDR

Special Drawing Rights

XDR is the IMF's international reserve asset used as a unit of account. Its value is based on a bask...

XAG

Silver

XAG is the ISO 4217 code for silver, typically representing one troy ounce. It is used for quoting a...

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