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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