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Markets & hours

Gold (XAU/USD)

XAU/USD is the price of one troy ounce of gold in US dollars. Traded as a CFD, it lets you take a position on the gold price going up or down without owning physical gold.

Also called: XAUUSD, XAU/USD, gold CFD, spot gold

Hypothetical example

Hypothetically, gold moves from $2,000 to $2,010 an ounce. On a 10-ounce position that is $100: a gain if you bought, a loss if you sold.

Used in these guides

Basics7 min read
What is a CFD (contract for difference)?
How a contract for difference works, what it costs, and why leverage makes it a high-risk product.

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