XAU/USD - Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a fiat currency system in which paper money doesn't have an implied backing with any physical form of monetization. AU is the code for Gold on the Periodic table of estimates, and the price above is Gold quoted in US Dollars, which is the common yardstick for measuring the value of Gold across the world.
XAU/USD Data and Charts are delayed at least 20 minutes.Click here for live XAU/USD rates.
Weekly Gold Trading Forecast
|Post NFP Break Below $1330 May Signal Gold Top in Place||bearish|
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