XAUUSD

XAUUSD refers to the trading pair that represents the value of gold (XAU) in terms of the US dollar (USD). It is one of the most popular instruments in the forex and commodities markets, as gold is considered a safe-haven asset and a hedge against inflation or economic uncertainty. The price of XAUUSD fluctuates based on factors like geopolitical events, interest rates, currency strength, and market sentiment. Traders and investors closely monitor this pair to capitalize on price movements or to diversify their portfolios.