Why GOLD is XAU/USD

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06/02/2011 04:19 AM

uniquetrader User

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Member since: 21/04/2011

My actual question is--> XAU stands for?

Trading is a discipline.

06/02/2011 05:07 AM

Champ User

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Member since: 17/05/2011

Good question.... dont know but I will search for it.

06/02/2011 07:46 AM

AKFX User

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Member since: 24/05/2011

I hpe you find it useful,

Gold as a cemical element is determined as AU symbol and X is just a letter which commes infront of the instrument as well for Silver which is XAG

Cheers" onclick="smile(' [grin] '); return false;" href="1036-Why_GOLD_is_XAU_USD">

06/02/2011 05:36 PM

Champ User

Messaggi: 544
Member since: 17/05/2011

mmm so Chemistry is involved. Let me load my O levels chemistry in my mind................................... Failed..unable to load.

So AU is GOLD and X is just meaning less symbol.

06/02/2011 07:46 PM

uniquetrader User

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Member since: 21/04/2011

Thankyou AKFX. Forex + Chemistry = [dead] .

Trading is a discipline.

18/08/2011 07:28 AM

megrawab Hostedslavebeta

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Member since: 16/08/2011

Originally posted by AKFX

I hpe you find it useful,

Gold as a cemical element is determined as AU symbol and X is just a letter which commes infront of the instrument as well for Silver which is XAG

Cheers" onclick="smile('" />'); return false;" href="1036-Why_GOLD_is_XAU_USD">

yeah I knew that AU is gold but I didn't get it how it becau XAU. Now I know. Thank you!

My Free $$$ and BONUSES on Trading (Forex, Binary Options, Rebates) - check it here!

18/08/2011 04:29 PM

janknoah1 Hostedslavebeta

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Member since: 16/08/2011

Xau is a chemical formular for gold

18/08/2011 07:37 PM

leebut User

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Member since: 16/07/2011

Originally posted by janknoah1

Xau is a chemical formular for gold

It's the symbol, not a formula. Also the answer is in post number 3.

20/08/2011 12:05 PM

megrawab Hostedslavebeta

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Member since: 16/08/2011

At first I thought of it some sort of currency as well maybe a taiwanese or a chinese word. As most of us know, a number of taiwanese words and names have "X" like xiao yu.

My Free $$$ and BONUSES on Trading (Forex, Binary Options, Rebates) - check it here!

26/08/2011 08:26 PM

#10

janknoah1 Hostedslavebeta

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Member since: 16/08/2011

But do you guys trade gold, because i know it carries very big margin and requires very large capital too

16/04/2012 10:10 AM

#11

mrinalini User

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Member since: 12/04/2012

I think it has been derived from Chemistry and as every metal and element has its symbol so the same way Gold has its symbol which is XAU.

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