×
G o l d B o t
Course 1 · Forex & Gold Foundations · Lesson 2 of 12 · 5 min read

Meet XAUUSD: gold as a market

XAU is the code for one troy ounce of gold, and XAUUSD is gold priced in US dollars. When the app shows XAUUSD at 4,030.25, one ounce of gold costs 4,030.25 dollars.

🔒

Sign in to read the full lesson

GoldBot Academy is free. Create an account or sign in to read every lesson, take the quizzes, save your progress and earn certificates, on the website and in the app.

  • 🔒 Spot gold, futures and CFDs
  • 🔒 Why traders love gold
  • 🔒 Gold is a "safe haven"
  • 🔒 Key takeaways and quiz

GoldBot Academy is free education. Nothing here is financial advice; trading carries a high risk of loss.