Gold is a simple form of chemical element gold (Au), which is a soft, golden yellow and corrosion-resistant precious metal. Gold is a rarer, more precious and more valuable metal.

Generally speaking, gold in the world is measured in ounces. In ancient China, gold was measured in ounces, which was a very important metal. It is not only a special currency for reserve and investment, but also an important material for jewelry industry, electronics industry, modern communication and aerospace industry.

The chemical symbol of gold is Au, and the financial English code is XAU or gold. The name Au comes from a story of Aurora, the goddess of dawn in Roman mythology, which means shining dawn.

As of 202 1, 10, 12, the gold price is 1760 USD/oz.

Trading time:

The global gold market is mainly distributed in Europe, Asia and North America. Europe is represented by the gold markets in London and Zurich; Asia is mainly represented by Hong Kong; North America is mainly represented by new york, Chicago and Winnipeg. Although the international gold exchange market is a 24-hour continuous operation market, exchange rate fluctuations in one market can quickly spread to other markets, but each market has its own different characteristics.

As one of the earliest foreign exchange trading markets in the world, Sydney gold foreign exchange market is open every day, and the trading time is about 6: 00- 14: 00 (Beijing time). Usually, exchange rate fluctuations are relatively calm, and the trading varieties are mainly Australian dollars, New Zealand dollars and US dollars.