XAU

XAU is the internationally recognized symbol for gold under the ISO 4217 currency code standard, where X denotes a non-national currency and AU derives from the Latin word for gold, aurum. In forex trading, gold is most commonly traded as the XAU/USD pair, representing the price of one troy ounce of gold in U.S. dollars. Gold is widely regarded as a safe-haven asset, often appreciating during periods of economic uncertainty, inflation, or geopolitical tension. Many forex traders incorporate XAU/USD into their strategies as a hedge against USD weakness or broader market risk-off sentiment.