XAU/USD

XAU/USD

Charts by TradingView

History of Gold

For several thousand years, gold was mostly used to manufacture jewelry and religious idols. This continued until approximately 1500 BC, when Egypt's ancient empire, which benefited tremendously from its gold-bearing province, Nubia, established gold as the first recognized medium of exchange for international trade. since the late 16th century, and has been circulated by feudal lords.

History of the USD

The first US dollar notes were issued as demand notes to finance the American Civil War in 1861. Due to the green tint of the notes, they were dubbed greenbacks. The first issue of legal money, dubbed the United States Notes, occurred in 1862, and a systematic system for producing the notes occurred in 1869.

XAU/USD Forex Chart
Instrument: Gold
Currency: USD
Spread: 0.34
Minimum Trade Size: 1.00
Leverage: 200:1
Margin: 0.5%
Increment: 0.01
Overnight Interest (daily) Sell: -0.0054%
Overnight Interest (daily) Buy: -0.0050%
Trading Hours (GMT): 23:00-21:59
Quoted Months: None - Spot Market
Exchange: #NA
Units: Troy Oz
MT5 / MT4 Symbol: GOLD

Start Trading XAU/USD
with a Market Leader Today

Gold v USD Trading Trading FAQs

Gold has always been regarded as a valuable commodity, and with cause. gold is an excellent hedge against financial market risks, particularly during moments of macroeconomic and geopolitical turmoil. Gold is in general in high demand on the worldwide market, making it one of the most actively traded commodities in the world. If you wish to trade gold, you have various possibilities. You can invest directly in actual gold by acquiring bullion from bullion dealers or indirectly through gold exchange-traded funds (ETFs). Alternatively, you can trade gold using exchange-traded funds (ETFs) that monitor the commodity's price movements or by purchasing gold CFDs (contracts for difference) that track the underlying asset's price. The latter is one of the most popular methods of gold trading, and it's easy to see why once you understand how gold CFD trading works.

6 Reasons to Trade Share
CFDs with FP Markets

An Australian-regulated
forex & CFD broker

Go Long or Short

Increase your ability to profit in all market conditions Leverage options up to 20:1

Direct Market Access (DMA) Execution

Real-time, transparent share prices Control, Functionality and deep liquidity Full Market depth & see your orders in the queue

Advanced Platforms
& Technology

MT4, MT5, Webtrader & Iress with superior client portal

24/5 Multilingual
Customer Support

Award winning support & personal account managers

Global Exposure

Low margins and competitive commission +10,000 products on global stocks across 4 continents

Earn Dividends

On long positions No ownership of physical shares necessary

Start Trading
in Minutes

Open an account now

bullet Access 10,000+ financial instruments
bullet Auto open & close positions
bullet News & economic calendar
bullet Technical indicators & charts
bullet Many more tools included

By supplying your email you agree to FP Markets privacy policy and receive future marketing materials from FP Markets. You can unsubscribe at any time.





Get instant Updates in Telegram
Sitemap | © FP Markets 2022