any product that tracks XAU?

Discussion in 'Trading' started by rcsmie, Aug 24, 2020.

  1. rcsmie

    rcsmie

    I want to trade something related to XAU
    It seems to be a forex?? XAU/USD
    I'm not exactly sure.
    Are there any way to trade this index XAU?
    Perhaps an ETF or do I need to trade forex XAU/USD?
     
  2. GDX
     
  3. drm7

    drm7

    The ETF with the ticker symbol GLD.
     
    gkishot likes this.
  4. Tradex

    Tradex

    XAU is simply the international code for gold, and gold is now considered as a "currency" in the Forex market. So you are basically trading gold (in US dollars).

    Some Forex brokers like Oanda offer XAU/USD.
     
    dicercast likes this.
  5. Andrew_87

    Andrew_87

    XAUUSD will be forex trading. more like commodity trading. Mostly all fx brokers will be able to offer you trading in xauusd. Some i can recommend are- Fxview, ICM, Plus500, XM, Fxpro. Also, fxview posts trade reports, it is very good source for keeping a track on gold fundamentals.
     
  6. XAU is basically gold, which is essentially a commodity. And if I'm not wrong, is now considered to be a part of forex.