XAU/USD Meaning And Why Gold Is Traded Like a Currency? – Edge-Forex
XAU/USD is a trading term that frequently appears in the forex and commodity markets. If you’ve ever wondered what it means, you’re not alone. XAU/USD represents the value of gold measured in U.S. dollars. In simpler terms, it tells you how many dollars it takes to buy one troy ounce of gold. This trading pair…