Why GOLD is XAU/USD

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Jun 24, 2012 01:45 pm

kashifrehman User

Posts: 66
Member since: 08/06/2012

AU is a generic name of gold and X is a term for all metals you can see all metal in forex start with X. So this whole make a abbrivation for gold to trade in this market.

Game is not over Till it's Over

Jul 06, 2012 12:14 pm

#13

randy181992 User

Posts: 194
Member since: 26/04/2012

Well now you can see there are many broker who are keeping it name as GOLD only instead of XAU_USD and even i don't have any idea about it but there must be some reason for it.

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